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Definition of "privatization" []

  • The transfer of a company or organization from government to private ownership and control. (noun)

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Use "privatization" in a sentence
  • "Romney campaign aides reject the term "privatization" to describe their approach."
  • "Government has avoided the word privatization and instead has adopted a program of “disinvestment,” generally intending to sell off partial ownership but retain majority control."
  • "Scouring the United States for ideas, he ran across the word privatization in the work of the economic and social theorist Peter Drucker."
Words like "privatization"