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Longman Dictionary of Contemporary English
privatize
verb
COLLOCATIONS FROM OTHER ENTRIES
privatize an industry (=make it privately owned, rather than owned by the state)
▪ The water industry was privatized in the 1980s.
COLLOCATIONS FROM CORPUS
■ NOUN
plan
▪ During his budget speech Acharya also announced plans to privatize much of the business sector.
water
▪ Gazing into our crystal ball, we see Scott breaking her campaign promise to not privatize Tucson Water.
▪ In the near future, Tucson voters will be asked to decide whether to privatize Tucson Water.
EXAMPLES FROM OTHER ENTRIES
▪ Employees of the Strathtay bus company, which has been privatized, are concerned that drivers are about to be made redundant.
▪ Hungary has been very keen to privatize its major industries, following the democratic reforms of 1988.
▪ The company was privatized by the government in 1987.
EXAMPLES FROM CORPUS
▪ Another proposal suggests privatizing some aspects of local prisons.
▪ Boris Yeltsin and his team wanted to privatize land after toppling the Soviet system.
▪ Chiluba pledged to reduce spending on the security forces and to privatize loss-making parastatal organizations.
▪ Gazing into our crystal ball, we see Scott breaking her campaign promise to not privatize Tucson Water.
▪ It has suggested privatizing Snecma, which makes aeroengines.
▪ Over the years, he cut costs by privatizing a big portion of each service.
▪ Third, it is time to privatize Pemex, the inefficient state oil company.
Douglas Harper's Etymology Dictionary
privatize

1968, from private (adj.) + -ize. Related: Privatized; privatizing.

Wiktionary
privatize

alt. 1 To release government control of (a business or industry) to private industry. 2 (context computing transitive English) To make (a variable, etc.) private in scope. vb. 1 To release government control of (a business or industry) to private industry. 2 (context computing transitive English) To make (a variable, etc.) private in scope.

WordNet
privatize

v. change from governmental to private control or ownership; "The oil industry was privatized" [syn: privatise]

Usage examples of "privatize".

And that is the true wisdom of the deregulated marketplace in electricity: the brilliant method by which profits are privatized and losses socialized.

Despite everything, Freud still subscribes to the relentless project, of privatizing the inner self and objectifying the outside world, that has obsessed Western culture at least since Descartes.

School Vouchers, Welfare Reform, the Flat Tax, Quality of Life Crimes, Privatizing Social Security, Videotaping Criminal Confessions, the Strategic Defense Initiative, Pollution Tax Credits, Enterprise Zones, and Winning the Cold War.

The baksheesh flowed and power systems were privatized from Brazil to Pakistan.

Guy looked down through the tempest, through the privatized prisms: yes, the bodybuilder was back.

Throughout the 1980s, Ozal privatized state companies, liberalized banking, allowed for free and floating exchange rates, and used the bully pulpit to champion the small-time entrepreneur.

According to Stiglitz, the privatized USEC proved inefficient at enriching uranium, but exceptionally efficient at enriching several Clinton associates.

Just to ensure everyone appreciated the gravity of the situation, the disinformation specialist Reg Dafoe started the rumor that the Meals On Wheels and home care services were going to be privatized, with the bidding system already rigged to let the contracts to the Witnesses for higher fees and poorer services.

In Bosnia, these efforts included modernizing agriculture, reviving and reforming education, restoring health care (including by rebuilding hospitals and modernizing equipment and practices), repairing infrastructure, building and repairing housing, restoring sanitation and sewage services, restructuring and reforming the police force, establishing the rule of law, training lawyers and judges, building political parties, promoting transparency and accountability in governance, restoring and modernizing the energy sector, promoting the adoption of international standards of accounting, developing a regulatory banking system, privatizing industry, creating capital markets for investment, providing loans for the start-up of new companies, and building an independent media and other political institutions.

But on the spectrum we have a relatively privatized health system.

No other state, either before or since, has privatized this key step in the elimination of citizens’ civil rights.

Under the spell of their theories, the general abolished the minimum wage, outlawed trade union bargaining rights, privatized the pension system, abolished all taxes on wealth and on business profits, slashed public employment, privatized 212 state industries and 66 banks and ran a fiscal surplus.

The federal government privatized Rio Light, selling it to Electricite de France and Reliant of Houston, Texas.

Wackenhut has become the leading operator of choice in the globalization of privatized punishment based on its stellar experience in the US.

They'll also pull a little bonus for doing this, of course, since it's one of the genuinely unpleasant jobs-no coercion of anyone but prisoners in the privatized penal system.