Library / English Dictionary |
PRIVATIZE
Pronunciation (US): | (GB): |
I. (verb)
Verb forms
Present simple: I / you / we / they privatize ... he / she / it privatizes
Past simple: privatized
-ing form: privatizing
Sense 1
Meaning:
Change from governmental to private control or ownership
Example:
The oil industry was privatized
Synonyms:
privatise; privatize
Classified under:
Verbs of size, temperature change, intensifying, etc.
Hypernyms (to "privatize" is one way to...):
denationalise; denationalize (put under private control or ownership)
Domain category:
industry; manufacture (the organized action of making of goods and services for sale)
business; business enterprise; commercial enterprise (the activity of providing goods and services involving financial and commercial and industrial aspects)
Sentence frame:
Somebody ----s something
Derivation:
privatization (changing something from state to private ownership or control)