reprivatization
- noun
- /ˌriːˌpraɪvəˈteɪʃən/
- Specialized
- Following the policy shift, there was a significant push towards reprivatization of previously nationalized industries.
Examples
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The reprivatization of state-owned enterprises is crucial for economic growth.
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The government announced the reprivatization of state-owned enterprises to boost the economy.
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The government announced the reprivatization of several major industries to encourage competition.
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Debates over reprivatization often focus on its impact on workers and consumers.
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After years of state control, the reprivatization of the bank was completed last month.
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Many countries have undergone reprivatisation since the 1990s.
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Investors are optimistic about the reprivatization process, as it aims to increase efficiency and competition.
Synonyms
Selling a public company or service to private owners
A process in which the government sells a business or service to private owners
Antonyms
How Privatized
Surface Forms
Morphology
reprivatization = reprivatize (transparent) = re + privat + ization
The noun is a regular and fully predictable nominalization of the verb 'reprivatize'.
Etymology
Reprivatization combines re- ('again') with privatization, which comes from private ('not public'). So, it means 'making private again', returning government-owned businesses or property to private owners.