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privatization
[prahy-vuh-tuh-zay-shuhn]
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.
Example Sentences
The government killed the proposal for privatization and adopted the proposal of raising the consumption tax instead.
“I think the past two years gave our town a taste of what potential privatization of the Postal Service could mean for other underserved and rural places throughout the country,” he said.
“This is a privatization scam. The intent of this is to help privatize public education.”
Poor and working-class Black and brown parents whose children attend “failing urban schools” have been made the spokespeople and symbols of the school privatization and school charter movement.
First, drastic job cuts likely mean more privatization and fewer government workers.
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