privatization Definition and Meaning in English (privatization definition)
nounQuick Answer • Definition
Privatization definition: Privatization is the process of transferring ownership of a business, enterprise, agency, public service, or public property from the public sector to the private sector.
Definitions of Privatization
- 1noun
Privatization is the process of transferring ownership of a business, enterprise, agency, public service, or public property from the public sector to the private sector.
Example Sentences
“The government announced the privatization of several state-owned companies.”
“Privatization aims to increase efficiency and reduce government spending.”
“Critics argue that privatization can lead to higher prices for consumers.”
Synonyms
Antonyms
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Popular TopicsInflected Word Forms
past participleprivatized
adjectiveprivate
adverbprivately
Frequently Asked Questions: Privatization in English
What is the meaning of Privatization in English?▼
Privatization definition: Privatization is the process of transferring ownership of a business, enterprise, agency, public service, or public property from the public sector to the private sector.
How do you translate 'Privatization' to English?▼
'Privatization' translates to 'privatization' in English. Privatization definition: Privatization is the process of transferring ownership of a business, enterprise, agency, public service, or public property from the public sector to the private sector.
How do you pronounce 'Privatization' and 'privatization'?▼
Listen to clear English audio pronunciation of 'Privatization' and native English audio speech for 'privatization' with bilingual sentence examples on DictBridge.
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