privatization
🇺🇸
/ˌpraɪvətəˈzeɪʃn/
🇬🇧
/ˌpraɪvətaɪˈzeɪʃn/
noun
C1
The process of transferring ownership of a business or industry from the government to private companies or individuals.
The privatization of the national railway system allowed private companies to operate train services.
国家铁路系统的私有化使得私营公司能够运营火车服务。
translation
私有化
词形变化
Plural
privatizations