verb
to make a government-owned business or service privately owned
The government plans to privatize the national airline.
Common phrases & grammar
privatize a company · privatize a service
American English
How to pronounce privatize
verbB2
PRAIvuhtaiz
/ˈpʰɹaɪ.vəˌtaɪz/
3 syllables · Stress the first syllable.
to make a government-owned business or service privately owned
Practice out loud