• pri·va·tize   [prahy-vuh-tahyz] Show IPA
    verb (used with object), pri·va·tized, pri·va·tiz·ing.

    1. Formal Definition:
      to transfer from public or government control or ownership to private enterprise: a campaign promise to privatize some of the public lands.
    2. To make exclusive or make your own; to delimit or appropriate: That guy just privatized that toilet paper.
    3. Can also be used with sexual connotation (use at your discretion)

  • To remove from public funding and administration; to make private.

  • Transfer (a business, industry, or service) from public to private ownership and control.


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