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privatization
[prahy-vuh-tuh-zay-shuhn]
noun
the process or practice of selling something owned by the government, typically a public service such as a railway or energy network, to a private company.
Example Sentences
Transportation Secretary Sean Duffy has affirmed on several occasions that privatization would distract from real solutions that, for the first time in decades, are within reach.
Even communities with few private schools feel threatened by the state’s push toward privatization.
That would avoid the market disruption of full privatization, they said.
That would avoid the market disruption of full privatization, they said.
The groups want “to undermine teachers unions, protect their wealthy donors from having to contribute their fair share in taxes to strengthen public schools, and provide profit opportunities through school privatization,” he concluded.
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