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  2. Dictionary

    pri·va·ti·za·tion
    [ˌprīvədəˈzāSHən, ˌprīvəˌtīˈzāSHən]
    noun
    privatisation (noun)
    1. the transfer of a business, industry, or service from public to private ownership and control:
      "the workers are opposing the privatization of the national rail company" · "they are pushing ahead with plans for a new round of privatizations" · "the government's privatization plans"
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  6. Privatization - Meaning, Examples, Advantages, …

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