pri‧vat‧ize (
also privatise British English) /ˈpraɪvətaɪz/
verb [transitive] [
Word Family: noun:
privacy,
private,
privatization;
verb:
privatize;
adverb:
privately;
adjective:
private]
if a government privatizes an organization, industry, or service that it owns or controls, it sells it ⇒
nationalize [TahlilGaran] Dictionary of Contemporary English ▲