privatize

Transfer to corporations

To privatize is to transfer ownership or control of something from the public sector to private hands.

Governments privatize industries, services, or assets—such as utilities, transportation, or prisons—often with the aim of increasing efficiency or reducing public spending.

The city voted to privatize its water system.

Critics argue that privatizing essential services prioritizes profit over public welfare.

The noun is privatization.

ownership

denationalize

Transfer from government ownership

property · equity · stake · holdings · proprietary · title · deed · shareholders · acquisition · buyout

deregulate

liberalize

Reduce restrictions on

laissez-faire · decentralize · reform · modernize · restructuring · autonomy · competition · neoliberal · Thatcherism · Reaganomics

sectors

utilities

Essential infrastructure services

healthcare · prisons · education · water · electricity · postal · transit · infrastructure · mining · banking

corporate

outsourcing

Third-party task delegation

concession · procurement · tendering · bidding · contractor · vendor · consulting · efficiency · cost-cutting · streamlining

finance

IPO

First public stock offering

securities · shares · capitalization · listing · investors · institutional · proceeds · revenue · monetization

Categories
Opposites
ownership transfer direction

privatizenationalize

Transfer to state ownership

socialize · municipalize · collectivize · renationalize · communalize

Phrases
Family

privation, deprivation, privatization, privatized, privations, privatizing, privatizes, privatised, privatises

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Abstract · Everyday, not technical · Rated G