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Meaning of “privatize” - Learner’s Dictionary

privatize

verb [T] ( also UK -ise)     /ˈpraɪvɪtaɪz/
If an industry or organization owned by the government is privatized, it is sold to private companies.Business and commerce - general words
privatization     /ˌpraɪvɪtaɪˈzeɪʃən/ noun [U]
Translations of “privatize”
in Chinese (Traditional) 使私有化…
in Russian приватизировать…
in Turkish özelleştirmek…
in Chinese (Simplified) 使私有化…
in Polish prywatyzować…
(Definition of privatize from the Cambridge Learner’s Dictionary © Cambridge University Press)
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