denationalize

A verb used to indicate the act of transferring ownership or control of an industry, service, or asset from the public sector (government) to the private sector.

• 🇩🇪Verb, das die Übertragung von Eigentum oder Kontrolle über eine Branche, einen Dienst oder ein Vermögenswert vom öffentlichen Sektor (Staat) auf den privaten Sektor bezeichnet.

1. Transfer to private ownership C1 formal

   To transfer an industry, company, or service from state or public ownership to private control or ownership.

   • The government decided to denationalize the railway system.
   • Many countries denationalized their telecommunications industries in the 1990s.
   • The process to denationalize the state-owned bank took several years.

   🇩🇪Privatisieren

• denationalized past participle
• denationalized past simple
• denationalizing present participle
• denationalizes third person singular