Definition of Privatize

to transfer something from public to private ownership

Examples of Privatize in a sentence

I think it is immoral to privatize education, because it then becomes a matter of profit for the owner instead of a service by the government.  🔊

Rather than continue to use tax dollars to fund the program, the government chose to privatize it by selling it to a private company.  🔊

If we privatize the system, it will be run by the company that owns it instead of the general public.  🔊

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