Privatise

usgb/ˈpraɪvətaɪz/
verb

To make something owned by private individuals rather than by the state.

The government decided to privatise the railway system to improve efficiency.
Visual representation of "privatise" - To make something owned by private individuals rather than by the state.

Often appears as...

  • privatise a company
  • privatise public services

Usage tips

Neutral

government policy, public service, economic reform

Definition 1 of 1
Visual representation of "privatise"
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Contextual Use

Understanding 'privatise' involves recognizing its impact on public welfare and services.

Illustration for Contextual Use
The government’s decision to privatise certain sectors often sparks public debates.
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Comparative Analysis

When discussing 'privatise', it's useful to compare it with 'nationalize' to understand different economic policies.

Illustration for Comparative Analysis
While 'privatise' focuses on transferring ownership to individuals, 'nationalize' emphasizes state control.
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Political Context

In the context of political discussions, 'privatise' often signifies a shift towards capitalism and can imply a move away from socialism.

Illustration for Political Context
The proposal to privatise healthcare services was met with strong opposition from various advocacy groups.
Visual representation of the word "Privatise"

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