PRIVATIZATION

Pronunciation (US):

(GB):

 I. (noun) 

Sense 1

Meaning:

Changing something from state to private ownership or control

Synonyms:

denationalisation; denationalization; privatisation; privatization

Classified under:

Nouns denoting acts or actions

Hypernyms ("privatization" is a kind of...):

social control (control exerted (actively or passively) by group action)

Derivation:

privatize (change from governmental to private control or ownership)

Credits