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privatization |
Also found in: Dictionary/thesaurus, Encyclopedia, Wikipedia, Hutchinson | 0.06 sec. |
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Privatization The transfer of ownership from government owned to a privately owned corporation. Notes: One of the main proponents behind the privitization of publicly owned operations is the estimated increases in efficiency due to private ownership. See also: Corporation, Crown Corporation Privatization The transfer of government-owned or government-run companies to the private sector, usually by selling them.
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This national identity helped the nations fight the Kremlin's denationalization campaign. Particularly in these times of communication liberalization and denationalization, it is assumed that applications will originate primarily in the private sector, from applicants driven by a financial objective. What they have in mind is denationalization, and then parcelling Iraqi oil out to American oil companies," James E. |
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