Definitions for Privatization
pri·va·ti·za·tion

Princeton's WordNetRate this definition:0.0 / 0 votes

1. denationalization, denationalisation, privatization, privatisationnoun

   changing something from state to private ownership or control

WiktionaryRate this definition:5.0 / 1 vote

1. privatizationnoun

   The transfer of a company or organization from government to private ownership and control.

2. Etymology: Coined by Sidney Merlin in 1943 though aware of earlier reprivatization.

ChatGPTRate this definition:0.0 / 0 votes

1. privatization

   Privatization is the process of transferring ownership or control of a public or government-owned entity, service, or property to a privately owned business or individual. This could involve sectors such as healthcare, transportation, or utilities. The rationale behind privatization often includes increased efficiency, cost-effectiveness or an emphasis on free market competition. However, it can also involve downsides such as decreased access to essential services for certain populations.

WikidataRate this definition:0.0 / 0 votes

1. Privatization

   Privatization, also spelled privatisation, may have several meanings. Primarily, it is the process of transferring ownership of a business, enterprise, agency, public service or public property from the public sector to the private sector, either to a business that operate for a profit or to a non-profit organization. It may also mean government outsourcing of services or functions to private firms, e.g. revenue collection, law enforcement, and prison management. Privatization has also been used to describe two unrelated transactions. The first is the buying of all outstanding shares of a publicly traded company by a single entity, taking the company private. This is often described as private equity. The second is a demutualization of a mutual organization or cooperative to form a joint stock company.

U.S. National Library of MedicineRate this definition:0.0 / 0 votes

1. Privatization

   Process of shifting publicly controlled services and/or facilities to the private sector.

Matched Categories

1. • Social Control

British National Corpus

1. Written Corpus Frequency

   Rank popularity for the word 'Privatization' in Written Corpus Frequency: #4531

How to pronounce Privatization?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say Privatization in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of Privatization in Chaldean Numerology is: 3

2. Pythagorean Numerology

   The numerical value of Privatization in Pythagorean Numerology is: 9

Examples of Privatization in a Sentence

1. Geoff Porter:

   This is the system that he built, as long as he is in power he's going to keep it that way, the risks that come with market reform and privatization are too daunting for Algeria right now.

2. Lakshheish M Patel:

   Another example to prove that this stock market's bumper downfall is manipulated to boost privatization is that private banks share price has not fallen so much as much as that of govt banks. Attempt is being made to sell all PSUs to greedy private players by Government

3. Shilan Shah:

   The result provides some reassurance to the BJP that its popularity remains intact, that could embolden the government to pursue reforms in future, including loosening foreign direct investment restrictions and moves toward privatization.

4. Jamaal Bowman:

   It's the move towards privatization, it's driven by market-based ideology and the so-called, quote-unquote' choice movement.' So when we talk about vouchers and money moving with kids at the whim of the parents, that's what we're talking about. And it's an example of disaster capitalism within the public education sector.

5. Rafael Ramirez:

   PDVSA is no longer producing. It's signing contracts for others to produce in a de facto privatization.

Popularity rank by frequency of use

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=Privatization
2. ^ Wiktionary
   https://en.wiktionary.org/wiki/Privatization
3. ^ ChatGPT
   https://chat.openai.com
4. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=Privatization