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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