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.
政府は競争と効率を高めるために鉄鋼産業を民営化することを決定した。