Cool MateMeaning of Privatization
In simple words: The process of transferring ownership of a business or service from the government to private individuals or companies.
Privatization in a sentence
- There were fears that privatization would lead to job losses.
How to use Privatization
Use in formal discussions about government policies. Avoid in casual conversation; instead, use simpler terms like 'selling off'.
Grammar pattern
privatization + of + object
Memory hint
Think of 'private' and 'ization' — turning something public into something private.
Related words
Collocations with Privatization
- privatization of services
- advocates of privatization
- privatization process
Synonyms for Privatization
- deregulation
- marketization
- liberalization
Opposites of Privatization
- nationalization
- public ownership
Common mistakes with Privatization
- Confused with 'nationalization' — privatization is the opposite.
- Using it in informal contexts where simpler terms are more appropriate.
- Mispronouncing 'privatization' with incorrect syllable emphasis.
Privatization appears in
Privatization in other languages
- Arabicالعربية
الخصخصة
عملية نقل ملكية شركة أو خدمة من الحكومة إلى أفراد أو شركات خاصة.
- Bengaliবাংলা
বেসরকারিকরণ
সরকারের মালিকানাধীন কোনো ব্যবসা বা পরিষেবাকে ব্যক্তিগত ব্যক্তি বা কোম্পানির কাছে হস্তান্তর করার প্রক্রিয়া।
- GermanDeutsch
Privatisierung
Der Prozess, bei dem ein Unternehmen oder eine Dienstleistung vom Staat in private Hände oder an private Unternehmen übergeht.
- SpanishEspañol
Privatización
El proceso de transferir la propiedad de un negocio o servicio del gobierno a individuos o empresas privadas.
- Persianفارسی
خصوصیسازی
فرایند انتقال مالکیت یک کسبوکار یا خدمات از دولت به افراد یا شرکتهای خصوصی.
- FrenchFrançais
Privatisation
Le processus de transfert de la propriété d'une entreprise ou d'un service du gouvernement à des particuliers ou à des entreprises privées.
- Hindiहिन्दी
निजीकरण
किसी व्यवसाय या सेवा के स्वामित्व को सरकार से निजी व्यक्तियों या कंपनियों को हस्तांतरित करने की प्रक्रिया।
- ItalianItaliano
Privatizzazione
Il processo di trasferimento della proprietà di un'azienda o di un servizio dal governo a privati o aziende.
- PortuguesePortuguês
Privatização
O processo de transferência da propriedade de uma empresa ou serviço do governo para indivíduos ou empresas privadas.
- RussianРусский
Приватизация
Передача собственности бизнеса или услуги от государства частным лицам или компаниям.
- Urduاردو
نجیبه سازی
کسی کاروبار یا سروس کی ملکیت کو حکومت سے نجی افراد یا کمپنیوں کو منتقل کرنے کا عمل۔
- Chinese中文
私有化
把公司或服务的所有权从政府转移给私人公司或个人的过程。
More words like Privatization
- AbolishC1
To formally put an end to a system, practice, or institution.
- AbortionC1
the deliberate ending of a pregnancy at an early stage
- AbsenceC1
the fact of somebody being away from a place where they are usually expected to be; the occasion or period of time when somebody is away
- AbsentC1
not in a place because of illness, etc.
- AbsorbB2
To take in a liquid, gas, or other substances.
- AbstractB2
based on general ideas and not on any particular real person, thing or situation
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Frequently asked questions about Privatization
What does Privatization mean?
The process of transferring ownership of a business or service from the government to private individuals or companies.
What is the definition of Privatization?
the act of selling a business or an industry so that it is no longer owned by the government
How do you use Privatization in a sentence?
There were fears that privatization would lead to job losses.
What are synonyms for Privatization?
Common alternatives include deregulation, marketization, liberalization.
What is the opposite of Privatization?
Opposite meanings include nationalization, public ownership.
What words go with Privatization?
It commonly pairs with privatization of services, advocates of privatization, privatization process.
What are common mistakes when using Privatization?
Confused with 'nationalization' — privatization is the opposite. Using it in informal contexts where simpler terms are more appropriate. Mispronouncing 'privatization' with incorrect syllable emphasis.
How do you pronounce Privatization?
US: /["/ˌpraɪvətəˈzeɪʃn/"]/, UK: /["/ˌpraɪvətaɪˈzeɪʃn/"]/. Listen to the audio above to hear native pronunciation.
Is Privatization formal or informal?
"Privatization" is formal, so it fits professional, business, or academic conversations.
When should I use Privatization?
Use in formal discussions about government policies. Avoid in casual conversation; instead, use simpler terms like 'selling off'.
What CEFR level is Privatization?
"Privatization" is at C1 level on the CEFR scale.