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
/ˈpʰɹaɪ.və.ˌtaɪ.zɪz/
4 syllables · Stress the first syllable.
Related entry: privatize
to make a government-owned business or service privately owned
Practice out loudto make a government-owned business or service privately owned
The government plans to privatize the national airline.
privatize a company · privatize a service