PRIVATIZE

Pronunciation (US): (GB):

Present simple: I / you / we / they privatize ... he / she / it privatizes

Past simple: privatized

Past participle: privatized

-ing form: privatizing

Meaning:

Change from governmental to private control or ownership

Example:

The oil industry was privatized

Synonyms:

privatise; privatize

Classified under:

Verbs of size, temperature change, intensifying, etc.

Hypernyms (to "privatize" is one way to...):

denationalise; denationalize (put under private control or ownership)

Domain category:

industry; manufacture (the organized action of making of goods and services for sale)

business; business enterprise; commercial enterprise (the activity of providing goods and services involving financial and commercial and industrial aspects)

Sentence frame:

Somebody ----s something

Derivation:

privatization (changing something from state to private ownership or control)