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Noun: privatization  `prI-vu-tu'zey-shun [N. Amer], `prI-vu-tI'zey-shun [Brit]
  1. Changing something from state to private ownership or control
    - denationalization, denationalisation [Brit], privatisation [Brit]

Derived forms: privatizations

See also: privatize

Type of: social control

Encyclopedia: Privatization