privatize
pronunciation
How to pronounce privatize in British English:
UK [ˈpraɪvətaɪz]
How to pronounce privatize in American English:
US [ˈpraɪvəˌtaɪz]
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- Verb:
- change from governmental to private control or ownership
Word Origin
- privatize (v.)
- 1968, from private (adj.) + -ize. Related: Privatized; privatizing.
Example
- 1. If people are going to privatize , if there are opportunities , that will come .
- 2. Some economists say the real solution is for beijing to privatize more industries and let the market play a bigger role .
- 3. Greece tried to partially privatize the company by listing it on the athens stock exchange , but the deal fell through in 2004 .
- 4. A similar response greeted plans to privatize a hunan province coal mine , and it was also put off .
- 5. In early 2008 , his administration in chongqing initiated transactions to privatize a state-owned retail conglomerate , according to official statements and corporate filings .