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
"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
In exchange, creditors exacted what many Greeks still see as a pound of flesh: deep state spending and salary cuts, tax hikes, privatizations and other sweeping reforms aimed at righting public finances.
From Seattle Times ● Aug. 20, 2022
That profile makes Mr. Prigozhin quite different from other Russian oligarchs who made their fortunes through Russian state privatizations in the 1990s, experts say.
From New York Times ● May 31, 2022
Long-awaited privatizations in aviation, energy, and telecommunications are scheduled for 1998.
From The 1998 CIA World Factbook by United States. Central Intelligence Agency
