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Definition of “privatize” - English Dictionary

"privatize" in American English

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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 controlled independently
privatization
noun [U] us   /ˌprɑɪ·vət̬·əˈzeɪ·ʃən/
the privatization of the British steel industry
(Definition of privatize from the Cambridge Academic Content Dictionary © Cambridge University Press)







"privatize" in British English

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privatizeverb [T]

UK usually privatise uk   /ˈpraɪ.və.taɪz/ us   /ˈpraɪ.və.taɪz/
privatization
noun [U] UK usually privatisation uk   /ˌpraɪ.və.taɪˈzeɪ.ʃən/ us   /ˌpraɪ.və.t̬əˈzeɪ.ʃən/

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The last few years have seen the privatization of many industries previously owned by the state.
(Definition of privatize from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)

"privatize" in Business English

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privatizeverb [I or T]

UK also privatise uk   /ˈpraɪvɪtaɪz/ us  
ECONOMICS, GOVERNMENT if the government privatizes companies and organizations that it owns, it sells them to private investors: The conglomerate calls itself the world's largest water company and has been a pioneer in the trend toward privatizing government water services.
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(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?
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