privatize Definition
pri·va·tize (prī′və 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.
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