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to privatize

to privatize

61 6.4
To move a government business or service to private companies
  • verb
  • /ˈpraɪvəˌtaɪz/
  • US
translation icon : privatizar
  • Many state-owned companies are looking to privatize their operations in the coming years.
  • to privatize enterprises
  • to privatize state enterprises
  • to privatize companies

When these huge monopolies were privatized, they weren't broken up.

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Examples

  • They've said let's privatize, let's change the whole system.

  • In Poland, the present government has been keen on privatizing along the "classical" British lines.

    Academic text (1991)
  • We will never let the Republicans cut or privatize Social Security.

  • How long would it take to privatize the entire Soviet economy in the same manner?

    Academic text (1991)
  • The government just proposed to privatize daycare.

  • The government has also announced plans for privatizing banks and establishing a stock market.

    Academic text (1992)
  • At the same time, the government privatized Iceland's three largest banks.

  • Early in 1991, President Fernando Collor released plans to privatize almost 200 state-owned companies.

    Academic text (1999)
  • PDVSA's journey from an entirely state-owned enterprise to a partially privatized one is, in many ways, unique.

    Academic text (1999)
  • The government decided to privatize the transportation service to improve efficiency.

Synonyms

to denationalize
vsto privatize
  • Specialized
8.4

To move a business or service from government control to private owners

is the same transfer of ownership but expressed with a different term

Antonyms

to nationalize
  • Specialized
25 6.8

To bring an industry or company under government control

How Privatized

to privatize
  • US
61 6.4
to outsource
65 5.3
to nationalize
  • Specialized
25 6.8

Surface Forms

privatize infinitive
privatise infinitive
privatized past
privatised past
privatized past participle
privatised past participle
privatizing present participle
privatising present participle
privatizes third person singular
privatises third person singular

Morphology

privatize = private (transparent) = private + ize

The verb is formed by productive suffixation of '-ize' to the adjective 'private' meaning 'to make or transfer into private ownership', a direct and regular derivation.

Etymology

Privatize comes from private, which comes from an old Latin word meaning 'personal' or 'separate', and the ending -ize means 'make'. So to privatize something is to make it 'private' — to move it from government or public control into private hands.