privatization

privatization — noun

1. the sale or transfer of a business, industry, or public service from government

1.名詞B2
釋義

the sale or transfer of a business, industry, or public service from government ownership to control by private companies or investors

例句

The privatization of Japan's rail system split the network into six regional companies.

privatization + of + [industry/company]

Mizuki argued that the privatization of the city's water supply would raise prices for low-income households.

privatization of [service] as topic of public debate

同義詞
  • denationalization

    a direct synonym, used especially in political science and historical contexts

  • deregulation

    related but distinct — removing government rules, not necessarily changing ownership

反義詞
  • nationalization

    transfer of private businesses to government ownership; the exact opposite process

用法筆記

Often contrasted with nationalization, which describes the opposite process — a government taking control of a private business. The British English spelling privatisation is also widely used.

常見錯誤

❌The privatization of mail delivery means they outsourced the work.
✅The privatization of mail delivery means the government sold the postal service to a private company.
💡privatization refers to a transfer of ownership, not merely hiring a private contractor to run a service.