Definition of reprivatize in US English:

reprivatize

(also reprivatise)

verb

  • with object To return (a previously nationalized business, industry, or service) to private ownership and control. Compare "privatize".

Origin

1930s; earliest use found in The Economist. Either from re- + private + -ize, or from re- + privatize (although that is first attested later). Compare German reprivatisieren.

Pronunciation

reprivatize

/ˌriːˈprʌɪvɪtʌɪz/