1. transfers (a publicly owned company or industry) back to private ownership
Usage: third person singular present tense of reprivatize

Examples

• The government reprivatizes the airline industry after years of state control.
• The new administration reprivatizes several utilities that were previously nationalized.
• The country reprivatizes its telecommunications sector to encourage competition.
• The policy reprivatizes healthcare services that had been under government management.
• The reform program reprivatizes banks that were seized during the financial crisis.
• The legislation reprivatizes the postal service to improve efficiency.