privatization
3 synonyms and 1 antonyms for privatization, grouped by meaning and by how common each one is.
Noun — The process of moving a business, service, or industry from government ownership into private hands.
Synonyms
Rare, literary or technical
Precise, but they will stand out — check the sense before using one.
Antonyms
How to use privatization
The word patterns that sound natural to a native speaker.
Etymology
Modeled on the German word Privatisierung, and popularized in English by economist Sidney Merlin in the 1940s when discussing post-war German economic policy.
Full origin of privatization →Frequently asked questions
What does “privatization” mean?
The word “privatization” means the process of moving a business, service, or industry from government ownership into private hands. In plain terms, selling off or transferring something the government used to run into private ownership.
How do you pronounce “privatization”?
“Privatization” is pronounced preye-vih-teye-ZAYSHN (/ˌpɹaɪvətaɪˈzeɪʃən/ in IPA).
How do you use “privatization” in a sentence?
Here is “privatization” used in a sentence: “The privatization of the railway sparked heated debate in parliament.”
What is the opposite of “privatization”?
The opposite of “privatization” — its antonyms — is nationalization.
What part of speech is “privatization”?
“Privatization” is a noun.
Where does the word “privatization” come from?
The word “privatization” dates back to around 1940 and comes from German. Modeled on the German word Privatisierung, and popularized in English by economist Sidney Merlin in the 1940s when discussing post-war German economic policy.
Is “privatization” a common word?
“Privatization” is an uncommon word in modern English.