What is another word for Privatization?

Pronunciation: [pɹˌa͡ɪvəta͡ɪzˈe͡ɪʃən] (IPA)

Privatization refers to the transfer of ownership or control of government assets and services to private sector entities. Synonyms for the term 'privatization' include - commercialization, denationalization, divestiture, deregulation, outsourcing, public-private partnerships, and corporate takeover. Commercialization usually refers to the process of introducing a new product or service to the market. Denationalization suggests the change of the ownership of state-controlled entities to private ownership. Divestiture involves the selling of government assets to private companies, while deregulation refers to the reduction of government intervention in business activities. Outsourcing involves contracting third-party entities to provide services that the government once provided. Public-private partnerships (PPP) refer to the collaboration between the public and private sectors to carry out projects or services. Corporate takeover refers to the acquisition of a state-run enterprise by a private company.

What are the paraphrases for Privatization?

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What are the hypernyms for Privatization?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the opposite words for Privatization?

Privatization, the process of transferring ownership of government assets or services to private entities, can have antonyms that refer to the opposite process of nationalization or public ownership. In contrast to privatization, nationalization involves the transfer of ownership and control of private assets and services to government or public ownership. Public ownership refers to the ownership of assets by the state or the public, where the government has control over the provision of services. Other antonyms for privatization can include collectivization, communalization, and socialization. These concepts all involve the redistribution of ownership and control, either to public entities or groups of individuals working together for a common goal.

What are the antonyms for Privatization?

Famous quotes with Privatization

  • Privatization came on slowly. When something very big happens, like Privatization, historians and economists like to think you must have had very big causes. That is not how it happened.
    Kenneth Baker
  • Privatization of the state-owned economy is not yet on the agenda. We cannot do it immediately; my colleagues would not agree to it. But we must put all forms of ownership on an equal footing immediately and let different types of ownership compete with the state firms.
    Vaclav Klaus
  • We are a coalition government, and that limits our options in some ways. Privatization happens to be one such area.
    Manmohan Singh
  • Privatization is a bitter pill but it is a pill that will cure.
    Frederick Chiluba
  • Privatization of government enterprises can't be a solution to the problem of economic recession and rather it is most likely to further deteriorate the unemployment situation & vitiate the business growth condition.
    Anuj Somany

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