Translation of "privatize" - English-Spanish dictionary

privatize

verb UK usually privatise uk /ˈpraɪ.və.taɪz/ us

If a government privatizes an industry, company, or service that it owns and controls, it sells it so that it becomes privately owned and controlled. to sell an industry, company or service that the government owns and controls so that it becomes privately owned and controlled

privatizar
I bought shares in British Gas when it was privatized.
privatization A noun [ no plural ] UK usually privatisation uk /ˌpraɪ.vɪ.taɪˈzeɪ.ʃən/ us /-t̬ə-/

(Translation of “privatize” from the Cambridge English-Spanish Dictionary © Cambridge University Press)