Associations to the word «Privatization»

Wiktionary

PRIVATIZATION, noun. The transfer of a company or organization from government to private ownership and control.

Dictionary definition

PRIVATIZATION, noun. Changing something from state to private ownership or control.

Wise words

Language is a process of free creation; its laws and principles are fixed, but the manner in which the principles of generation are used is free and infinitely varied. Even the interpretation and use of words involves a process of free creation.
Noam Chomsky