These are word's definitions related to privatize. Click on any word to go to its word's detail page. Or, go to the definition of privatize.
0 If a government privatizes an industry, company, or service that it owns and controls, it sells it so that it becomes privately owned and controlled:
1 (of an industry, company, or service) to change from being owned by a government to being owned and controlled independently
2 if the government privatizes companies and organizations that it owns, it sells them to private investors:
The conglomerate calls itself the world's largest water company and has been a pioneer in the trend toward privatizing government water services.