verb pri·vat·ize \ˈprī-və-ˌtīz\

: to remove (something) from government control and place it in private control or ownership

Full Definition of PRIVATIZE

transitive verb
:  to make private; especially :  to change (as a business or industry) from public to private control or ownership
pri·vat·i·za·tion \ˌprī-və-tə-ˈzā-shən\ noun

Examples of PRIVATIZE

  1. The city decided to privatize the municipal power company.
  2. a proposal to privatize the health-care system

First Known Use of PRIVATIZE



Next Word in the Dictionary: privetPrevious Word in the Dictionary: privative propositionAll Words Near: privatize
How to use a word that (literally) drives some people nuts.
Test your vocab with our fun, fast game
Ailurophobia, and 9 other unusual fears