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🇫🇷French Source WordCode: FR

privatisation

Pronunciation / Transliteration: privatisation

🇬🇧 Direct English Meaning:
Privatization/ˌpraɪ.və.taɪˈzeɪ.ʃən/
nounCEFR C1 (Advanced)Top #4500 frequency
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🇫🇷 Example Sentence in French:

"La privatisation des services publics suscite un grand débat."

Comprehensive Definitions & Senses

1 sense
As noun
  1. 1

    The transfer of a business, industry, or service from public control or ownership to private ownership and control.

    "The government announced the privatization of the national railway system."
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Synonyms (1)

Linguistic Origin & Historical Etymology

Derived from the Late Latin 'privatus' (personal, private) combined with the suffix '-ize' (from Greek '-izein') and '-ation' (Latin '-atio'). The term emerged in the mid-20th century in economic literature to describe the systemic transfer of publicly owned enterprises and services into private hands.

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