What does privatization mean?

Looking for the meaning or definition of the word privatization? Here's what it means.

Noun The transfer of a company or organization from government to private ownership and control. Find more words! 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Early attempts at privatization led to rioting in Osh in 1990, so this process was put on hold. Stand on a street corner with a clip board in hand soliciting signatures for the privatization of public loos. The subsequent section deals with the impact of privatization on management accounting systems. Both local newspapers published lead editorials calling for the privatization of the system. It is seen as a back-door route to full-scale privatization and is a major municipal issue. See Also What is another word for privatization? What is the opposite of privatization? Sentences with the word privatization Words that rhyme with privatization What is the plural of privatization? What is the adverb for privatization? What is the adjective for privatization? What is the noun for privatization? Translations for privatization Nearby Definitions privatizable privatives privativeness privatively privative as privative a privatizations privatize privatized privatizer privatizers privatizes 13-letter Words Starting With p pr pri priv priva privat privati privatiz privatiza privatizat privatizati