Etymology
Advertisement

privatization (n.)

"policy or process of making private as opposed to public," 1924, in reference to German economic policies in the crisis after World War I, from private (adj.) + -ization. Re-privatisation is attested by 1939.

Hugo Stinnes repeatedly demanded the privatization of the railroads, alleging that they could never function satisfactorily and profitably under bureaucratic administration. [United News article in Miami Herald, April 28, 1924]

Others are reading

Advertisement
Advertisement
Definitions of privatization

privatization (n.)
changing something from state to private ownership or control;
Synonyms: denationalization / denationalisation / privatisation
From wordnet.princeton.edu