privatizeverb [ T ]UK usually privatise uk /ˈpraɪ.və.taɪz/ us /ˈpraɪ.və.taɪz/
noun [ U ] UK usually privatisation uk /ˌpraɪ.və.taɪˈzeɪ.ʃən/ us /ˌpraɪ.və.t̬əˈzeɪ.ʃən/
(Definition of “privatize” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)
(Definition of “privatize” from the Cambridge Academic Content Dictionary © Cambridge University Press)
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a delicate, soft type of cloth made from a thread produced by silkworms, or the thread itself