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.

FreebaseRate 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. Frederick Chiluba:

   Privatization is a bitter pill but it is a pill that will cure.

2. Finance Minister Yanis Varoufakis:

   Our government is eager to rationalize the pension system (for example, by limiting early retirement), proceed with partial privatization of public assets, ... create a fully independent tax commission.

3. Julia Giobelina:

   They are the new fascism, we citizens need to stand against privatization of health care and other public services.

4. Jose Ignacio Hernandez:

   Under the Hydrocarbon Law, every agreement for PDVSA to cede exploration and production rights is illegal and unconstitutional. Maduro's regime is insisting in the oil industry's de-facto privatization, which is aggravating its collapse.

5. Greek Finance Minister Yanis Varoufakis:

   Our government is eager to rationalize the pension system (for example, by limiting early retirement), proceed with partial privatization of public assets, address the non-performing loans that are clogging the economy's credit circuits, create a fully independent tax commission, and boost entrepreneurship, the differences that remain concern how we understand the relationships between the various reforms and the macro environment.

Popularity rank by frequency of use