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  1. Dictionary

    pri·va·tize
    [ˈprīvəˌtīz]
    verb
    privatize (verb) · privatizes (third person present) · privatized (past tense) · privatized (past participle) · privatizing (present participle) · privatise (verb) · privatises (third person present) · privatised (past tense) · privatised (past participle) · privatising (present participle)
    1. transfer (a business, industry, or service) from public to private ownership and control:
      "a plan for privatizing education"
      Opposite:
      state-run
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