privatize
pri·vat·ize (BrE also-ise) [privatize privatizes privatized privatizing] BrE [ˈpraɪvətaɪz] NAmE [ˈpraɪvətaɪz] verb ~ sth
to sell a business or an industry so that it is no longer owned by the government
Syn: ↑denationalize
•Air traffic control has been privatized.
Opp: ↑nationalize
Derived Word: ↑privatization
Verb forms: 
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