privatization

American  

[prahy-vuh-tuh-zay-shuhn] / ˈpraɪ və təˈzeɪ ʃən /

noun

1. 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

The process would open the door to something akin to a partial privatization of the domestic-fuel market, said Rick Herrero, director of the Washington-based Cuba Study Group, a policy and advocacy organization.

From The Wall Street Journal

What does this mean for the eventual privatization of Fannie and Freddie?—the market is responding as if it might happen.

From Barron's

Goldman Sachs Asset Management, which is a shareholder in Soho House, is rolling over some of the shares as part of the privatization sale.

From The Wall Street Journal

That would avoid the market disruption of full privatization, they said.

From Barron's

That would avoid the market disruption of full privatization, they said.

From Barron's