privatise

Transfer to corporations

Privatise is the British spelling of privatize, meaning to transfer ownership or control of a business, industry, or service from the government to private individuals or companies.

The term emerged prominently during the 1980s as governments began selling off state-owned enterprises like utilities, railways, and telecommunications.

The government plans to privatise the national airline.

Critics argue that privatising essential services prioritises profit over public welfare.

policy

deregulation

Removing governmental business restrictions

liberalization · Thatcherism · austerity · restructuring · outsourcing · concession · denationalization · marketization · corporatization · unbundling

ownership

shareholder

Equity owner in corporation

  • equityImpartial treatment or ownership value
  • stakeSharpened post or share
  • assetsOwned items of value

divestiture · sell-off · acquisition · holdings · property · stock · capital · investment · proprietary · title

sector

utilities

Essential infrastructure services

education · water · electricity · postal · airlines · airports · prison · military · infrastructure · transport

efficiency

cost-cutting

Reducing expenditures deliberately

optimization · productivity · lean · outsourcing · redundancy · rationalization · turnaround · profitability · modernization · competitiveness

market

IPO

First public stock offering

exchange · valuation · offering · underwriting · prospectus · shares · dividend · investors · trading · capitalization

Opposites
ownership transfer direction

privatisenationalise

Transfer to state control

nationalize · socialise · socialize · collectivise · expropriate

Family

privation, deprivation, privatized, privatize, privatizing, privatisation, privatised, privatises, privatising

Familiarity
Top 500,000
Profile
Timeless · Abstract · Everyday, not technical · Rated G