reprivatization Definition
the transfer of ownership or control of a public enterprise or property back to private ownership or control.
Using reprivatization: Examples
Take a moment to familiarize yourself with how "reprivatization" can be used in various situations through the following examples!
Example
The government is considering reprivatization of the railway system.
Example
The reprivatization of the energy sector has been a controversial issue in recent years.
Example
The company was returned to private ownership after a period of state control.
reprivatization Synonyms and Antonyms
Synonyms for reprivatization
Summary: reprivatization in Brief
'Reprivatization' [ˌriːˌpraɪvətaɪˈzeɪʃən] refers to the transfer of ownership or control of a public enterprise or property back to private ownership or control. It is often used in discussions about the government's role in managing certain industries, such as railways or energy. Examples include 'The government is considering reprivatization of the railway system.' and 'The company was returned to private ownership after a period of state control.'
