privatisation

Meanings

• The process of transferring the ownership and operation of certain businesses, industries, or services from the public sector to the private sector.

  - "The government decided to privatise the telephone company."
  - "The privatisation of the electricity industry led to increased competition and lower prices for consumers."

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Antonyms

nationalization

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Rhymes

Words rhyming with privatisation
applause , privileges , surpluses

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Homophones

Words having the same pronunciation but different meanings, origins, or spelling,

1. Privatisation () : The process of transferring the ownership and operation of certain businesses, industries, or services from the public sector to the private sector.
   

2. Privatize () : To transfer the ownership and operation of a business, industry, or service from the public sector to the private sector.
   

3. Private () : Belonging to or owned by an individual person or a private organization or corporation, rather than the government or public sector.
   

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Variants

List of all variants of privatisation that leads to same result
privatization , privatizations , privatize , privatized , privatizes , privatizing

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Etymology

origin and the way in which meanings have changed throughout history.

The term 'privatisation' is derived from the Latin word 'privatus', which means 'private'. The term was first used in the late 19th century to describe the process of transferring ownership and operation of businesses from the government to private individuals or corporations.

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