privatised

Transferred to corporations

Privatised is the British spelling of privatized, the past tense of privatise.

To privatise is to transfer ownership or control of a business, industry, or service from the government to private hands: British Rail was privatised in the 1990s.

The process often sparks debate about efficiency versus public interest.

deregulation

liberalization

Reducing state economic controls

rollback · devolution · nonintervention · laissez-faire · free-market · unshackling · disengagement · sell-off · denationalization · divestiture

outsourcing

contracting

Reducing in volume

tendering · procurement · vendors · consultants · BPO · supply-chain · concession · franchising · PPP · contractor

monopoly

oligopoly

Few firms dominate market

antitrust · exclusive · franchise · license · duopoly · concentration · incumbent

corporate

shareholder

Equity owner in corporation

acquisition · takeover · venture · subsidiary · conglomerate · corporate · business · profit · capitalization · equity

efficiency

streamlining

Making more aerodynamic or efficient

profitability · productivity · lean · performance · competitiveness · savings · benchmarking · scalability · automation · downsizing

Opposites
ownership and control

privatisednationalised

Brought under government ownership

state-owned · renationalised · state-run · government-owned · socialised

Family

privatisation, privatises, privatising, privatisations, privatise

Familiarity
Top 50,000
Profile
Timeless · Abstract · Everyday, not technical · Rated G