The transfer of a business, industry, or service from public to private ownership and control.
the workers are opposing the privatization of the national rail company
count noun the government launched a new round of privatizations
as modifier the government's privatization plans
Example sentencesExamples
- There is a rising demand for rail travel, since privatisation six years ago.
- Cotton is one commodity for which privatization has occurred rapidly.
- The majority of people are poor and cannot afford to take part in the privatization process.
- Privatisation of the railways was regarded by many as a disaster.
- He also said he would continue aggressively with the privatizations begun by the last government.
- Protests continue over the privatization of health care.
- The mayor's efforts hit heavy political opposition, and a judge blocked any privatizations.
- Privatization can only mean less control is vested in public discourse and more is relegated to the demands of profit.
- The strike began eight months ago with the objective of preventing the privatization of health services.
- Privatisation of health services has created a two tiered system.