noun
Freq #43166
Meanings
-
1
noun
The transfer of a company or service from government to private ownership.
The privatization of the railways was a controversial political decision.
Thesaurus
Synonyms
1
noun
· the transfer of a company...
denationalization
Opposites
Word family
Forms
privatizations
Derived forms
antiprivatizationdeprivatizationself-privatization
Related forms
privatize
Etymology
Calque of German Privatisierung (with English -ation), derived from Latin prīvātus (“apart from the state; private”), with reference to post-First World War German economic principles. Popularized by Sidney Merlin in 1943, who was aware of the term reprivatization (used in similar contexts), already attested at the time.
View etymology graph ->