privatize

[ prahy-vuh-tahyz ]
/ ˈpraɪ vəˌtaɪz /

verb (used with object), pri·va·tized, pri·va·tiz·ing.

to transfer from public or government control or ownership to private enterprise: a campaign promise to privatize some of the public lands.
to make exclusive; delimit or appropriate: special-interest groups attempting to privatize social issues.
Also especially British, pri·va·tise.

Origin of privatize

First recorded in 1945–50; private + -ize

Related forms

pri·va·ti·za·tion, noun
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

Examples from the Web for privatize

British Dictionary definitions for privatize

privatize

privatise

/ (ˈpraɪvɪˌtaɪz) /

verb

(tr) to transfer (the production of goods or services) from the public sector of an economy into private ownership and operation

Derived Forms

privatization or privatisation, noun
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