privatize
verb
also British
privatise
/ˈpraɪvəˌtaɪz/
privatizes;
privatized;
privatizing
also British
privatise
/ˈpraɪvəˌtaɪz/
privatizes;
privatized;
privatizing
Britannica Dictionary definition of PRIVATIZE
[+ object]
:
to remove (something) from government control and place it in private control or ownership
—
opposite nationalize
— privatization
also British
privatisation
/ˌpraɪvətəˈzeɪʃən/
Brit
/ˌpraɪvəˌtaɪˈzeɪʃən/
noun
[noncount]