privatization

CEFRC1

/ˌpɹaɪvɪtaɪˈzeɪʃ(ə)n/

noun

Türkçe translations

Translating…

In plain English

  1. 01

    noun

    The process of transferring a public service or company to private ownership.

  2. 02

    noun

    Extra detail

    The rendering of a thought or an idea, as private in scope.

Examples

  • It was disappointing to hear about the privatization of Chilean copper.

  • There were fears that privatization would lead to job losses.

At a glance

Sits at C1 on the CEFR scale

Senses
3
Parts of speech
1
Citations
2

Deep Dive

noun

Extra meaning

  1. The transfer of a company or organization from government to private ownership and control.

More examples

In context

  • Algeria needs a privatization plan.

  • Questioning the privilege of biology went hand in hand with a challenge to the privatization of the family and the notion that parents own children and may therefore treat them however they choose.

Antonyms

Quick test

Two questions on this entry. Nothing is scored.

Question 1 · Quick check

The economic policy of selling state-owned companies to private investors is known as blank.

Practise this properly in the app, where the word comes back before you forget it.

Nearby

Origin

noun

Calque of German Privatisierung (with English -ation), derived from Latin prīvātus (“apart from the state; private”), with reference to post-First World War German economic principles. Popularized by Sidney Merlin in 1943, who was aware of the term reprivatization (used in similar contexts), already attested at the time.