Privatize Definition
prīvə-tīz
privatized, privatizes, privatizing
verb
privatized, privatizes, privatizing
To make or hold private; specif., to turn over (a public property, service, etc.) to private interests.
Webster's New World
To change (an industry or business, for example) from governmental or public ownership or control to private enterprise.
American Heritage
To release government control of (a business or industry) to private industry.
Wiktionary
Synonyms:
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