privatisation
noun/praɪvətɪˈzeɪʃən/
Frequency rank: #11,785 most common English word
Meaning
the process of transferring a business or industry from public (government) ownership to private ownership.
Example sentence
The government announced privatisation of the national railway system last year.
Synonyms & related words
- deregulation
- commercialization
- transfer
- denationalization
Practice this word in the quiz
More words in ranks 11,701–11,800
- plantera container used for growing plants or flowers.
- platA map or plan of a piece of land showing its divisions, boundaries, and dimensions.
- plenaryComplete, absolute, or involving all members of a group; used to describe a full assembly or session.
- plundergoods stolen by force; to rob or loot by force
- postmanA person whose job is to collect and deliver mail.
- pseudonyma fictitious name used by a person, especially an author, instead of their real name.
- pullmanA type of railroad sleeping car or a large suitcase, named after its inventor George Pullman.
- purgatorya state or place of temporary suffering or waiting, often used figuratively to describe a miserable in-between situation.
- rationalitythe quality of being based on reason and logic rather than emotion.
- rebuketo express sharp disapproval or criticism of someone because of their behavior.