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

Definitie & Betekenis van "privatize"

to privatize
01

privatiseren, overdragen aan de particuliere sector

to change the ownership of an industry, service, or business from public to private
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The state-owned telecom company was successfully privatized, leading to increased competition in the telecommunications market.
The city council voted to privatize waste management services to save taxpayer money.
The government decided to privatize the national airline to improve efficiency and reduce costs.

privatize

v

private

adj

priv

adj
example
Voorbeeld
The state-owned telecom company was successfully privatized, leading to increased competition in the telecommunications market.
The city council voted to privatize waste management services to save taxpayer money.
The government decided to privatize the national airline to improve efficiency and reduce costs.
The decision to privatize the public transportation system sparked debate among citizens and policymakers.
Critics argue that privatizing healthcare services could lead to unequal access to medical treatment.
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