Vocab Bloom Hub

privatization

/ˌpraɪ.və.taɪˈzeɪ.ʃən/

1 entry

Word connections

noun

/ˌpraɪ.və.taɪˈzeɪ.ʃən/C1formalbusiness
  • ruСуществительное, обозначающее процесс передачи права собственности или контроля над предприятием, отраслью или услугой из государственного сектора в частный.

A noun referring to the process of transferring ownership or control of a business, industry, or service from the public (government) sector to the private sector.

uncountable

  1. Transfer to private sectorB2formalbusiness

    The process of transferring ownership or control of a business, industry, or service from the government to private individuals or companies.

    ruПриватизация

    • The privatization of the national airline led to increased efficiency.
    • Many countries have pursued the privatization of state-owned utilities.
    • The debate over privatization often focuses on public services like healthcare.

    Synonymsdenationalizationdivestiture

    Antonymscollectivizationnationalizationsocialization

Forms
  • privatizations plural form
  • privatizations' possessive plural form
  • privatization's possessive singular form
Vocab Bloom Hub English dataset · 0.3.1

Inherited terms

Vocabulary data from the Vocab Bloom Hub English dataset (CC BY 4.0), https://huggingface.co/datasets/Fristail27/vocab-bloom-hub-en

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