privatization

English

Alternative forms

• privatisation

Etymology

Coined by Sidney Merlin in 1943, who was aware of the term reprivatization, already attested at the time.

Noun

privatization (countable and uncountable, plural privatizations)

1. The transfer of a company or organization from government to private ownership and control.
   • 1943, Sidney Merlin, “Trends in German Economic Control Since 1933”, in Quarterly Journal of Economics, page 207:

     The party, moreover, facilitates the accumulation of private fortunes and industrial empires by its foremost members and collaborators through ‘privatization’ and other measures, thereby intensifying centralization of economic affairs and government in an increasingly narrow group that may for all practical purposes be termed the national socialist elite.

2. (uncommon) The rendering of a thought or an idea, as private in scope.

Antonyms

• nationalization

Derived terms

• self-privatization

Related terms

• privatize

Translations

transfer from the government to private ownership

• Arabic: خَصْخَصَة f (ḵaṣḵaṣa), خَوْصَصَة f (ḵawṣaṣa)
• Armenian: սեփականաշնորհում (hy) (sepʻakanašnorhum), մասնավորեցում (hy) (masnavorecʻum)
• Asturian: privatización f
• Azerbaijani: özəlləşdirmə
• Belarusian: прыватыза́цыя f (pryvatyzácyja)
• Bulgarian: приватиза́ция f (privatizácija)
• Catalan: privatització f
• Chinese:

  Mandarin: 私有化 (zh) (sīyǒuhuà), 民營化／民营化 (zh) (mínyínghuà)

• Czech: privatizace (cs) f
• Dutch: privatisering (nl) f
• Estonian: erastamine
• Finnish: yksityistäminen (fi)
• French: privatisation (fr) f
• Galician: privatización (gl) f
• Georgian: პრივატიზება (ṗrivaṭizeba)
• German: Privatisierung (de) f
• Greek: ιδιωτικοποίηση (el) (idiotikopoíisi)
• Hebrew: הפרטה (he) (hafratá)
• Hindi: निजीकरण m (nijīkraṇ)
• Hungarian: privatizáció (hu)
• Icelandic: einkavæðing (is) f
• Italian: privatizzazione (it) f
• Japanese: 民営化 (ja) (みんえいか, min'eika)
• Kazakh: жекешелендіру (jekeşelendıru)
• Korean: 민영화(民營化) (minyeonghwa)
• Latvian: privatizācija f
• Lithuanian: privatizacija f
• Macedonian: приватизација f (privatizacija)
• Malayalam: സ്വകാര്യവത്കരണം (svakāryavatkaraṇaṁ)
• Marathi: खाजगीकरण n (khāj̈gīkaraṇ)
• Occitan: privatizacion (oc) f
• Persian: خصوصی‌سازی (fa) (xosusi-sâzi)
• Polish: prywatyzacja (pl) f
• Portuguese: privatização (pt) f
• Romanian: privatizare (ro) f
• Russian: приватиза́ция (ru) f (privatizácija)
• Serbo-Croatian:

  Cyrillic: приватиза́ција f

  Roman: privatizácija (sh) f

• Slovak: privatizácia f
• Slovene: privatizacija f
• Spanish: privatización (es) f
• Swahili: ubinafsishaji
• Swedish: privatisering (sv) c
• Turkish: özelleştirme (tr)
• Ukrainian: приватиза́ція f (pryvatyzácija)
• Uzbek: privatizatsiya (uz)
• Vietnamese: tư nhân hóa