Definition of Privatization

the transfer of something from public to private ownership

Examples of Privatization in a sentence

The privatization of the school was something parents weren’t looking forward to, since it meant their tax dollars would no longer pay for attendance.  

The organization was owned by the community at first, but its privatization by a larger corporation has changed that.  

I’ve always frowned on privatization, as I don’t believe public services should be controlled by private groups.  

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