privatizing Definition
the act of transferring ownership or control of a business, industry, or service from the government to a private sector entity.
Using privatizing: Examples
Take a moment to familiarize yourself with how "privatizing" can be used in various situations through the following examples!
Example
The government is considering privatizing the healthcare system.
Example
The privatizing of public utilities has been controversial.
Example
The company was criticized for its privatizing practices.
privatizing Synonyms and Antonyms
Synonyms for privatizing
- deregulation
- denationalization
- outsourcing
Summary: privatizing in Brief
The verb 'privatizing' [ˈpraɪvətaɪzɪŋ] refers to the act of transferring ownership or control of a business, industry, or service from the government to a private sector entity. It is often used in the context of public utilities and healthcare systems, as in 'The government is considering privatizing the healthcare system.' Synonyms include 'outsourcing,' 'deregulation,' and 'denationalization.'
