0 past simple and past participle of privatize
1 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:
It is necessary to set clear targets of land areas to be privatized each year by district.
As a result, many sectors such as health and education are highly (and often illegally) privatized despite the constitutionally guaranteed dominant role of the state.
It is one among many options, ranging from minister and budget-governed organizations through government corporations and corporate look-alikes to fully privatized, but government-regulated corporations.
These businesses were fully privatized over the 1987-1990 period.
If postal services were privatized, postmasters would lose their favor.
While the extent of the privatization process varies by country and sector, many large stationary sources of air or water pollution remain to be privatized.
Critics ask why these systems should not be privatized or eliminated altogether.
The community lands of communidades were virtually privatized in the post-liberation phase and this created a new community of resource owners.