privatization 
privatization Finance Definition
The
process of converting a government-operated business to one that is privately
owned. Privatization occurs by selling shares in the government-owned business
to private shareholders such as individuals and institutional investors. During
the 1980s and 1990s, governments throughout the world raised billions of
dollars by privatizing companies.
privatization Quotes
Privatization must come after the liberalization of prices† How on earth can you privatize or denationalize anything if you have no means of assessing the value of assets before offering them on the market?
Browse dictionary entries near privatization
Print this Page
Suggestion Box
Send to Friend
