Privatize (noun) Definition, Meaning & Examples

verb (used with object), pri·va·tized, pri·va·tiz·ing.
  1. to transfer from public or government control or ownership to private enterprise: a campaign promise to privatize some of the public lands.
  2. to make exclusive; delimit or appropriate: special-interest groups attempting to privatize social issues.
verb
  1. to transfer (the production of goods or services) from the public sector of an economy into private ownership and operation
Privatize (noun) Definition, Meaning & Examples

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