privatization
The transfer of a company or organization from government to private ownership and control.
Other meanings
The rendering of a thought or an idea, as private in scope.
Related words
- antiprivatization
- deprivatization
- self-privatization
Word history
From Latin "prīvātus" (apart from the state; private).
Where this comes from
This definition is adapted from “privatization” on Wiktionary, by its contributors, published under CC BY-SA 4.0. This page is published under the same licence.