privatization

• Sustantivo que designa el proceso de transferir la propiedad o el control de una empresa, industria o servicio del sector público al sector privado.

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.

incontable

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.

   Privatización

   • 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.

   Sinónimosdenationalizationdivestiture

   Antónimoscollectivizationnationalizationsocialization