What does privatise mean?
Definitions for privatise
pri·va·tise
This dictionary definitions page includes all the possible meanings, example usage and translations of the word privatise.
Princeton's WordNet
privatize, privatiseverb
change from governmental to private control or ownership
"The oil industry was privatized"
ChatGPT
privatise
Privatise refers to the process of transferring ownership or control of a business, enterprise, agency or public service from the government or state to a private sector. This is usually achieved by selling off state-owned assets to private shareholders or investors. Privatisation is usually done in the belief that private entities can operate more efficiently and effectively than government bodies.
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Numerology
Chaldean Numerology
The numerical value of privatise in Chaldean Numerology is: 4
Pythagorean Numerology
The numerical value of privatise in Pythagorean Numerology is: 2
Examples of privatise in a Sentence
We are convinced that it is possible to privatise TAP on conditions that will make it a viable company.
The government doesn't have a vision for the airline ... Even if it does privatise it, it will continue its interference without a corporate plan for the airline.
Greek Energy Minister Panos Skourletis:
There was a demand by the lenders to privatise (ADMIE), our counter proposal is to set up a separate (entity) from PPC grid operator, one that is state-controlled.
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Translations for privatise
From our Multilingual Translation Dictionary
- 私有化Chinese
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"privatise." Definitions.net. STANDS4 LLC, 2024. Web. 25 Apr. 2024. <https://www.definitions.net/definition/privatise>.
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