One of the mysteries of the English language finally explained.
The transfer of a business, industry, or service from public to private ownership and control.‘the workers are opposing the privatization of the national rail company’count noun ‘the government launched a new round of privatizations’as modifier ‘the government's privatization plans’
- ‘There is a rising demand for rail travel, since privatisation six years ago.’
- ‘Cotton is one commodity for which privatization has occurred rapidly.’
- ‘The majority of people are poor and cannot afford to take part in the privatization process.’
- ‘Privatisation of the railways was regarded by many as a disaster.’
- ‘He also said he would continue aggressively with the privatizations begun by the last government.’
- ‘Protests continue over the privatization of health care.’
- ‘The mayor's efforts hit heavy political opposition, and a judge blocked any privatizations.’
- ‘Privatization can only mean less control is vested in public discourse and more is relegated to the demands of profit.’
- ‘The strike began eight months ago with the objective of preventing the privatization of health services.’
- ‘Privatisation of health services has created a two tiered system.’
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