privatize

verb pri·vat·ize \ˈprī-və-ˌtīz\

: to remove (something) from government control and place it in private control or ownership

Full Definition of PRIVATIZE

transitive verb

: to make private; especially : to change (as a business or industry) from public to private control or ownership

— pri·vat·i·za·tion \ˌprī-və-tə-ˈzā-shən\ noun

See privatize defined for English-language learners

1948

Next Word in the Dictionary: privetPrevious Word in the Dictionary: privative propositionAll Words Near: privatize

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