privatization
The transfer of a company or organization from government to private ownership and controlThe transfer of a company or organization from government to private ownership and control.
» Algeria needs a new privatization plan.
Meaning
2 senses(British, English, Oxford, US, countable, uncountable)The transfer of a company or organization from government to private ownership and control.
Coordinate term: denationalization
Privatisierung
приватиза́цияprivatizácija
приватиза́ціяpryvatyzácija
changing something from state to private ownership or control
(British, English, Oxford, US, countable, uncommon, uncountable)The rendering of a thought or an idea, as private in scope.
Examples
4 sentencesAlgeria needs a new privatization plan.
Algeria is making large efforts to move towards privatization.
Algeria needs a privatization plan.
It was disappointing to hear about the privatization of Chilean copper.
Translations
9 languagesBy meaning 1
By meaning 1
By meaning 1
Origin
Calque of German Privatisierung (with English -ation), derived from Latin prīvātus (“apartCalque of German Privatisierung (with English -ation), derived from Latin prīvātus (“apart from the state; private”), with reference to post-First World War German economic principles. Popularized by Sidney Merlin in 1943, who was aware of the term reprivatization (used in similar contexts), already attested at the time.
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Forms
plural: privatizationsSynonyms
3 synonyms- changing something from state to private ownership or control:denationalizationdenationalisationprivatisation
Antonyms
1 antonymsWord family
4 related wordsLessons for this word
1 lessons- A1Countable and uncountable nouns — Because it can be uncountable