| word | privatization |
|---|---|
| definition | verb If a company, industry, or service that is owned by the state is privatized, the government sells it and makes it a private company. The water boards are about to be privatized. ...a pledge to privatise the rail and coal industries. ...the newly privatized FM radio stations. ...the privatisation of British Rail. ...fresh rules governing the conduct of future privatizations. |
| inflections | privatizesprivatizingprivatizedprivatizationprivatizations |
| cefr-level | C1 |
Tags: oxford5k::cefr-level:c1
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