Translation of "privatize" - English-Russian dictionary

privatize

verb [ T ] ( also UK -ise) uk us /ˈpraɪvɪtaɪz/

If an industry or organization owned by the government is privatized, it is sold to private companies.

приватизировать
privatization uk us /ˌpraɪvɪtaɪˈzeɪʃən/ noun [ U ]

приватизация

(Translation of “privatize” from the Cambridge English–Russian Dictionary © Cambridge University Press)