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BNC: 17519 COCA: 10897
privatize
verb [T] economics /ˈpraɪvətaɪz/
present tense
I/you/we/theyprivatize
he/she/itprivatizes
present participleprivatizing
past tenseprivatized
past participleprivatized
  1. to sell a business or industry that was owned and managed by the government so that it becomes a private business 使(政府企业或产业)私有化

    There are plans to privatize the postal service. 邮政业务有望私有化。

     Synonyms and related words
    To change the way a country, organization or industry is run: centralise, centralize, decentralise...

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