Privatize
volume
British pronunciation/pɹˈaɪvətˌaɪz/
American pronunciation/ˈpɹɪvəˌtaɪz/
privatise

Definition & Bedeutung von "privatize"

to privatize
01

privatisieren, in private Hand übergeben

to change the ownership of an industry, service, or business from public to private
example
Example
click on words
The government decided to privatize the national airline to improve efficiency and reduce costs.
The city council voted to privatize waste management services to save taxpayer money.
Critics argue that privatizing healthcare services could lead to unequal access to medical treatment.
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