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- verbprivatize (verb) · privatizes (third person present) · privatized (past tense) · privatized (past participle) · privatizing (present participle) · privatise (verb) · privatises (third person present) · privatised (past tense) · privatised (past participle) · privatising (present participle)
- Privatization is a process where a government-owned business, operation, or property becomes owned by a private, non-government party1. It can also refer to a transition that takes a company from being publicly traded to becoming privately held, which is referred to as corporate privatization1. Privatization can also mean moving something from the public sector into the private sector2. It is the opposite of nationalization, a policy resorted to by governments that want to keep the revenues from major industries3.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Privatization occurs when a government-owned business, operation, or property becomes owned by a private, non-government party. Privatization also may describe a transition that takes a company from being publicly traded to becoming privately held. This is referred to as corporate privatization.www.investopedia.com/terms/p/privatization.aspPrivatization (also privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when a heavily regulated private company or industry becomes less regulated.en.wikipedia.org/wiki/PrivatizationPrivatization is the opposite of nationalization, a policy resorted to by governments that want to keep the revenues from major industries, especially those that might otherwise be controlled by foreign interests.www.britannica.com/money/privatization
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