privatization-n; 1 Senses

Sense Number 1: the transfer of business ownership from the state to a private corporation

Commentary: PRIVATIZATION[+event][+transfer][+ownership][+business][+from_government][+to_corporation]

Examples:
The privatization of this utility may actually reduce costs to the consumer.
The communist ruler opposes any privatization of industry.

Mappings:
WordNet 3.0 Sense Numbers: 1