denationalize
🇺🇸
/ˌdiːˈnæʃnəlaɪz/
🇬🇧
/ˌdiːˈnæʃnəlaɪz/
To transfer ownership of a business from the government to private individuals or companies.
The government decided to denationalize the steel industry to increase competition and efficiency.
政府决定将钢铁行业去国有化,以增加竞争和效率。