privatize ( privatizes 3rd person present) ( privatizing present participle) ( privatized past tense & past participle )
in BRIT, also use privatise If a company, industry, or service that is owned by the state is privatized, the government sells it and makes it a private company. (BUSINESS) verb
The water boards are about to be privatized. be V-ed
...a pledge to privatise the rail and coal industries. V n
...the newly privatized FM radio stations. V-ed
privatization ( privatizations plural) n-var oft N of n (Antonym: nationalization)
...the privatisation of British Rail., ...fresh rules governing the conduct of future privatizations.
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