Privatization Definition
noun
The transfer of a company or organization from government to private ownership and control.
Wiktionary
Synonyms:
- privatisation
- denationalisation
- denationalization
Other Word Forms of Privatization
Noun
Singular:
privatization
Plural:
privatizationsOrigin of Privatization
-
Coined by Sidney Merlin in 1943 though aware of earlier reprivatization.
From Wiktionary
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