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During the 1990s the United States sought to impose the 'Washington Consensus' on Latin American governments. It embodied what Latin Americans call 'neo-liberal' principles: budget cuts, privatization, deregulation of business, and incentives for foreign companies. This campaign sparked bitter resistance and ultimately collapsed.
Stephen Kinzer

Meaning of "privatization" in the English dictionary

Dictionary
DICTIONARY
section

PRONUNCIATION OF PRIVATIZATION

privatization  [ˌpraɪvətaɪˈzeɪʃən] play
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GRAMMATICAL CATEGORY OF PRIVATIZATION

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Privatization is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES PRIVATIZATION MEAN IN ENGLISH?

Privatization

Privatisation, also spelled privatization, may have several meanings. Primarily, it is the process of transferring ownership of a business, enterprise, agency, public service, or public property from the public sector to the private sector, either to a business that operates for a profit or to a nonprofit organization. It may also mean government outsourcing of services or functions to private firms, e.g. revenue collection, law enforcement, and prison management. Privatization has also been used to describe two unrelated transactions. The first is the buying of all outstanding shares of a publicly traded company by a single entity, making the company privately owned. This is often described as private equity. The second is a demutualization of a mutual organization or cooperative to form a joint-stock company.

Definition of privatization in the English dictionary

The definition of privatization in the dictionary is the act of privatizing.

WORDS THAT RHYME WITH PRIVATIZATION


authorization
ˌɔːθəraɪˈzeɪʃən
characterization
ˌkærɪktəraɪˈzeɪʃən
civilization
ˌsɪvɪlaɪˈzeɪʃən
customization
ˌkʌstəmaɪˈzeɪʃən
globalization
ˌɡləʊbəlaɪˈzeɪʃən
hospitalisation
ˌhɒspɪtəlaɪˈzeɪʃən
hospitalization
ˌhɒspɪtəlaɪˈzeɪʃən
hybridization
ˌhaɪbrɪdaɪˈzeɪʃən
localization
ˌləʊkəlaɪˈzeɪʃən
novelization
ˌnɒvəlaɪˈzeɪʃən
optimisation
ˌɒptɪmaɪˈzeɪʃən
optimization
ˌɒptɪmaɪˈzeɪʃən
organisation
ˌɔːɡənaɪˈzeɪʃən
organization
ˌɔːɡənaɪˈzeɪʃən
realization
ˌrɪəlaɪˈzeɪʃən
specialization
ˌspeʃəlaɪˈzeɪʃən
stabilization
ˌsteɪbɪlaɪˈzeɪʃən
synchronization
ˌsɪŋkrənaɪˈzeɪʃən
utilization
ˌjuːtɪlaɪˈzeɪʃən
visualization
ˌvɪʒʊəlaɪˈzeɪʃən

WORDS THAT BEGIN LIKE PRIVATIZATION

private-equity company
privateer
privateersman
privately
privately owned
privateness
privates
privation
privatisation
privatise
privatised
privatiser
privatism
privatist
privative
privatively
privatization issue
privatize
privatized
privatizer

WORDS THAT END LIKE PRIVATIZATION

accreditation
action
administration
animation
application
association
certification
citation
combination
communication
confirmation
conversation
corporation
creation
decoration
destination
documentation
duration
education
evaluation
excitation

Synonyms and antonyms of privatization in the English dictionary of synonyms

SYNONYMS

Translation of «privatization» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF PRIVATIZATION

Find out the translation of privatization to 25 languages with our English multilingual translator.
The translations of privatization from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «privatization» in English.

Translator English - Chinese

私有化
1,325 millions of speakers

Translator English - Spanish

privatización
570 millions of speakers

English

privatization
510 millions of speakers

Translator English - Hindi

निजीकरण
380 millions of speakers
ar

Translator English - Arabic

الخصخصة
280 millions of speakers

Translator English - Russian

приватизация
278 millions of speakers

Translator English - Portuguese

privatização
270 millions of speakers

Translator English - Bengali

বেসরকারিকরণ
260 millions of speakers

Translator English - French

privatisation
220 millions of speakers

Translator English - Malay

Penswastaan
190 millions of speakers

Translator English - German

Privatisierung
180 millions of speakers

Translator English - Japanese

民営化
130 millions of speakers

Translator English - Korean

민영화
85 millions of speakers

Translator English - Javanese

Privatisasi
85 millions of speakers
vi

Translator English - Vietnamese

tư nhân hóa
80 millions of speakers

Translator English - Tamil

தனியார்மயமாக்கல்
75 millions of speakers

Translator English - Marathi

खाजगीकरण
75 millions of speakers

Translator English - Turkish

özelleştirme
70 millions of speakers

Translator English - Italian

privatizzazione
65 millions of speakers

Translator English - Polish

prywatyzacja
50 millions of speakers

Translator English - Ukrainian

приватизація
40 millions of speakers

Translator English - Romanian

privatizare
30 millions of speakers
el

Translator English - Greek

ιδιωτικοποίηση
15 millions of speakers
af

Translator English - Afrikaans

privatisering
14 millions of speakers
sv

Translator English - Swedish

privatisering
10 millions of speakers
no

Translator English - Norwegian

privatisering
5 millions of speakers

Trends of use of privatization

TRENDS

TENDENCIES OF USE OF THE TERM «PRIVATIZATION»

The term «privatization» is quite widely used and occupies the 33.808 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Quite widely used
85
/100
The map shown above gives the frequency of use of the term «privatization» in the different countries.
Principal search tendencies and common uses of privatization
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «privatization».

FREQUENCY OF USE OF THE TERM «PRIVATIZATION» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «privatization» during the past 500 years. Its implementation is based on analysing how often the term «privatization» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about privatization

EXAMPLES

10 QUOTES WITH «PRIVATIZATION»

Famous quotes and sentences with the word privatization.
1
Neil Abercrombie
Western concepts of ownership and privatization came in and clashed with that. So land began to be exchanged.
2
Kenneth Baker
Privatization came on slowly. When something very big happens, like privatization, historians and economists like to think you must have had very big causes. That is not how it happened.
3
Max Baucus
The Social Security trust fund is in pretty good shape today and we should not embark upon risky, dangerous schemes which will, in fact, undermine Social Security, such as privatization.
4
Peter Brimelow
If you're going to have a public subsidy to education, vouchers are clearly a better way of delivering it. They should result in some loosening up and privatization of the government school system.
5
Anatoly Chubais
If I just produce the transparent ideal accepted by the Western experts, a process of privatization which will be very good but never happen, that means nothing.
6
Jim Clyburn
The president and Republicans in Congress have repeatedly promised to revisit Social Security privatization after November. But Americans have already said, loud and clear, that they don't want Social Security to be privatized or dismantled.
7
Chaka Fattah
The President's proposed privatization plan would jeopardize that security by cutting guaranteed benefits for future retirees and endangering the benefits of current retirees, people with disabilities, and children who have lost a parent.
8
Thomas Frank
As it happens, Chicago is the nation's leader in municipal privatization efforts. That's right: The city that conservatives portray as the citadel of the power-grabbing, government-growing left has been selling itself off in pieces for years. It signed a 99-year lease for the Chicago Skyway, a toll road in the city's South Side, back in 2005.
9
Ruben Hinojosa
The privatization plan weakens Social Security and threatens our economic security by creating trillions of dollars in new debt.
10
Stephen Kinzer
During the 1990s the United States sought to impose the 'Washington Consensus' on Latin American governments. It embodied what Latin Americans call 'neo-liberal' principles: budget cuts, privatization, deregulation of business, and incentives for foreign companies. This campaign sparked bitter resistance and ultimately collapsed.

10 ENGLISH BOOKS RELATING TO «PRIVATIZATION»

Discover the use of privatization in the following bibliographical selection. Books relating to privatization and brief extracts from same to provide context of its use in English literature.
1
Privatization: An Economic Analysis
Privatisation.
John Vickers, George K. Yarrow, 1988
2
Privatization: Successes and Failures
Featuring the world's leading economists and experts on privatization, this volume offers a broad and balanced analysis of specific privatization projects and uncovers some surprising trends.
Gérard Roland, 2013
3
The Financial Economics of Privatization
The focus of this book lies on where privatization stands today and what are the next frontiers, the why and how behind countries who privatize certain industries, whether privatization works as an economic tool and important insights ...
Michael F. Price College of Business University of Oklahoma William L. Megginson Professor and Rainbolt Chair in Finance, 2004
4
Privatization: The Key to Better Government
Describes the historical background of privatization, examines the theory behind its adoption, and evaluates privatization programs
Emanuel S. Savas, 1987
5
Privatization in Developing Countries: Its Impact on ...
This work concludes that privatization promotes economic development and democracy in developing countries.
‎1995
6
Privatization: Property and the Remaking of Nature-Society ...
This groundbreaking collection provides the first systematic analysis of neo-liberal privatization.
Becky Mansfield, 2009
7
Privatization: The Lessons of Experience
Governance, as defined by the World Bank in its 1992 report, Governance and Development, is the manner in which power is exercised in the management of a country's economic and social resources for development.
John R. Nellis, Mary M. Shirley, 1992
8
Privatization: Investing in State-Owned Enterprises Around ...
Based on years of privatization consulting by the professionals at Ernst & Young in Europe, Asia, Latin America, the U.S., and Canada, this new book provides practical guidance for involvement in and purchasing of state-owned enterprises.
Ernst & Young, 1994
9
Water Wars: Privatization, Pollution and Profit
In Water Wars: Privatization, Pollution and Profit, acclaimed author Vandana Shiva sheds light on the activists who are fighting corporate manoeuvres to convert this life-sustaining resource into more gold for the elites.In Water Wars, ...
Vandana Shiva, 2002
10
Privatization: Lessons Learned by State & Local Governments
It discusses privatization lessons learned by, and the related experiences of, the states of Georgia, Massachusetts, Michigan, New York, and Virginia as well as the city of Indianapolis, IN. Charts and tables.
John K. Needham, 1997

10 NEWS ITEMS WHICH INCLUDE THE TERM «PRIVATIZATION»

Find out what the national and international press are talking about and how the term privatization is used in the context of the following news items.
1
Austrian Railways Head: IMF Privatization Targets for Greece …
Taking the Greek railway's privatization plan as an example, Kern said he was surprised at the target sum expected to be raised from its ... «Greek Reporter, Jul 15»
2
Lessons from laundry privatization: Why Freedom of information …
Everywhere privatization has occurred, public access to the facts and figures ... from the public important information related to privatization. «rabble.ca, Jul 15»
3
911 dispatch - the next go-to service for privatization?
As long as the pros outweigh the cons, more towns may look to the privatization of their 911 dispatch services in order to improve output and cut ... «New Jersey 101.5 FM Radio, Jul 15»
4
Truth a casualty of privatization
The ongoing debate over the future of the Pennsylvania Liquor Control Board makes it plain that the truth is the first casualty of the privatization ... «Observer-Reporter, Jul 15»
5
'Macri's economists are liberal and associated with privatization
"These economists have always spread policies of privatization and adjustment. Macri should be proud of them, but it turns out he is now ... «Buenos Aires Herald, Jul 15»
6
Share “Privatization critics ignore government's...”
But a pro-union group argues privatization would lead to corruption and reduced accountability. Apparently, those critics haven't noticed what ... «NewsOK.com, Jul 15»
7
Privatization body plans more asset sales
THE PRIVATIZATION and Management Office (PMO) plans to sell more assets by next month following the suspension of the government's ... «BusinessWorld Online Edition, Jul 15»
8
We have no hand in ECG privatization – MiDA
The Millennium Development Authority (MiDA) has rejected various media publications, accusing them of leading a campaign to privatise the ... «Citifmonline, Jul 15»
9
Stop the privatization of public education
There are certain issues for which politicians will fight tooth and nail, and are the reason why they entered into public service in the first place. «Milwaukee Journal Sentinel, Jul 15»
10
PRIVATIZATION OF BEACH? French Riviera protests closure of …
The beach at Vallauris which will be cut off from the public during the Saudi royal family's stay. AFPTV SCREENGRAB ... «InterAksyon, Jul 15»

REFERENCE
« EDUCALINGO. Privatization [online]. Available <https://educalingo.com/en/dic-en/privatization>. Apr 2024 ».
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