privatize Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “privatize” in the English Dictionary

"privatize" in British English

See all translations

privatizeverb [T]

(UK usually privatise) uk   us   /ˈpraɪ.və.taɪz/
privatization
noun [U] (UK usually privatisation) uk   /ˌpraɪ.vɪ.taɪˈzeɪ.ʃən/  us   /-t̬ə-/

expend iconexpend iconMore examples

The last few ​years have ​seen the privatization of many ​industriespreviouslyowned by the ​state.
(Definition of privatize from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"privatize" in American English

See all translations

privatizeverb [T]

 us   /ˈprɑɪ·vəˌtɑɪz/
  • privatize verb [T] (MAKE INDEPENDENT)

social studies (of an ​industry, ​company, or ​service) to ​change from being ​owned by a ​government to being ​owned and ​controlledindependently
privatization
noun [U]  us   /ˌprɑɪ·vət̬·əˈzeɪ·ʃən/
the privatization of the British ​steelindustry
(Definition of privatize from the Cambridge Academic Content Dictionary © Cambridge University Press)

"privatize" in Business English

See all translations

privatizeverb [I or T]

(UK also privatise) uk   us   /ˈpraɪvɪtaɪz/
ECONOMICS, GOVERNMENT if the ​government privatizes ​companies and ​organizations that it ​owns, it ​sells them to ​privateinvestors: The ​conglomeratecalls itself the world's largest water ​company and has been a ​pioneer in the ​trend toward privatizing ​government water ​services.
Compare
(Definition of privatize from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “privatize”
in Chinese (Simplified) 使私有化…
in Turkish özelleştirmek…
in Russian приватизировать…
in Chinese (Traditional) 使私有化…
in Polish prywatyzować…
What is the pronunciation of privatize?
Add Cambridge dictionaries to your browser to your website

“privatize” in British English

“privatize” in American English

Word of the Day

new wave

people who are doing activities in a new and different way

Word of the Day

Chest pains and palpitations: talking about illness (2)
Chest pains and palpitations: talking about illness (2)
by Liz Walter,
February 03, 2016
My previous post (My leg hurts: Talking about illness (1)) presented some general vocabulary to use at the doctor’s. This one looks at some more specific areas of illness and explains some useful words and phrases that you may need to use or understand on a visit to the doctor’s. There are several

Read More 

awesomesauce noun
awesomesauce noun
February 01, 2016
slang the state of being extremely good or enjoyable or something or someone that is extremely good or enjoyable Recovering from the awesomesauce of another fab #Vidcon!!

Read More