privatize Hear it!

privatize Definition

pri·va·tize (prīvə tīz′)

transitive verb -·tized′, -·tiz′·ing

to make or hold private; specif., to turn over (a public property, service, etc.) to private interests

privatize Related Forms

pri′·va·ti·za·tion noun

privatize Telecom Definition

To transfer ownership of a public utility from the government to private interests. See also liberalize, nationalize, and utility.

privatize Usage Examples

Object

  • water: When it was privatized, water metering was recognized and encouraged as part of the answer.
  • company: Out of the 27 state capitals, 25 are served by public companies and 2 by partially privatized companies.
  • service: Martin's years of starving our once proud health care system are still ricocheting as provincial governments dismantle and privatize such services.
  • oil: Also, the major oil companies made it very clear that privatizing Iraqi oil would not be acceptable.
  • resource: The Bush administration's project was not, as is sometimes said, to purely and simply privatize Iraqi oil resources.
  • system: Beside cutting taxes, the Dzurinda government brought the free market to health care and partly privatized the social security system.

Adjective complement

most: Thursday 8 th September Cuba in the 1990s privatized most of its farms.

Modifying Another Word

  • partially: Out of the 27 state capitals, 25 are served by public companies and 2 by partially privatized companies.
  • newly: Employees in newly privatized businesses benefit from improved pay, conditions and career opportunities.
  • fully: It also fully privatized the safety reviews for several categories of medical devices.
  • recently: The UK's railways, recently privatized, are now split into over 20 different networks.
  • partly: Beside cutting taxes, the Dzurinda government brought the free market to health care and partly privatized the social security system.
  • even: Meanwhile, they are even privatizing the drinking water, while the police are everywhere.