privatization
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.
privatizations
-
pluralof privatization.plural
The grammatical form denoting more than one person, place, thing, or idea.
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
Niklas Zennström, the billionaire founder of internet-telecommunications pioneer Skype, said the privatizations helped fuel innovation in sectors like telecoms, which have underpinned the country’s tech boom.
From The Wall Street Journal ● May 12, 2026
It also pointed out that past privatizations of communist-era companies brought investment and raised the technical level of Polish enterprises.
From Seattle Times ● Aug. 11, 2023
"Of bonds that arise from the debt restructuring, some could be eligible for a swap of debt for investment in a program of privatizations that includes the oil sector," said Levy.
From Reuters ● Jul. 18, 2023
Greece was also forced to sell off assets as a way to recapitalize its banks, resulting in a wave of privatizations.
From Washington Post ● Mar. 2, 2023
Major privatizations are nearly complete, the banking sector is almost completely in foreign hands, and foreign investment has picked up.
From The 2002 CIA World Factbook by United States. Central Intelligence Agency
