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English definition of “privatize”

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privatize

verb [T]  /ˈprɑɪ·vəˌtɑɪz/ us  

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]  /ˌprɑɪ·vət̬·əˈzeɪ·ʃən/ us  
the privatization of the British steel industry
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 Academic Content Dictionary © Cambridge University Press)
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