adjective
- transferred from government or public ownership to private ownership or control
Examples
- The privatized utility company raised electricity rates.
- Many formerly state-owned enterprises have been privatized.
- The privatized prison system has been controversial.
- Privatized healthcare systems operate differently than public ones.
- The government sold the privatized airline to investors.
- Critics argue that privatized services may reduce quality.
- The privatized water company improved infrastructure efficiency.