What is the meaning of privatize?

verb

  • Change from governmental to private control or ownership.
    • usage: "The oil industry was privatized"
WordNet 3.0 © 2006 by Princeton University
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APAWordNet. (2010). privatize. Retrieved September 20, 2026, from http://smartdefine.org/privatize/definitions/1303990
ChicagoWordNet. 2010. "privatize" http://smartdefine.org/privatize/definitions/1303990 (accessed September 20, 2026).
HarvardWordNet 2010, privatize, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/privatize/definitions/1303990>.
MLAWordNet. "privatize" 23 October 2010. Web. 20 September 2026. <http://smartdefine.org/privatize/definitions/1303990>