verb
- present participle of privatise: transferring ownership or control of a business, industry, or service from the government to private companies
Usage: British spelling
Examples
- The government is privatising the railway system.
- They are privatising several state-owned utilities this year.
- The process of privatising healthcare remains controversial.
- Many countries began privatising their telecommunications companies in the 1990s.
- The opposition party criticized the plan for privatising public services.
- Privatising the postal service could improve efficiency but may raise costs.