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Definition of Privatize
1. Verb. Change from governmental to private control or ownership. "The oil industry was privatized"
Category relationships: Industry, Manufacture, Business, Business Enterprise, Commercial Enterprise
Generic synonyms: Denationalise, Denationalize
Derivative terms: Privatisation, Privatization
Definition of Privatize
1. Verb. To release government control of a business or industry to private industry. ¹
¹ Source: wiktionary.com
Definition of Privatize
1. [v -TIZED, -TIZING, -TIZES]
Lexicographical Neighbors of Privatize
Literary usage of Privatize
Below you will find example usage of this term as found in modern and/or classical literature:
1. Supporting Congressional Oversight: Budgetary Implications of Selected Gao edited by Paul L. Posner (2002)
"... Consolidate, or privatize Some Coast Guard Operating and Training Facilities
Options for Increased Savings and Revenue Gains Authorizing committees ..."
2. Addressing the Deficit: Updating Budgetary Implications Updated by DIANE Publishing Company (1996)
"The act also requires that the corporation develop a plan to privatize the
government's uranium business by July 1995 and that GAO review the plan before it ..."
3. Common Sense Government: Works Better and Costs Less: National Performance by Albert Gore, Jr, Al Gore (1998)
"Savings: $37 million privatize the Federal Employee Occupational Health Program (3)
privatize this health program, which provides reimbursable health ..."