Noun
changing something from state to private ownership or control
Source: WordNetMany people say the privatisation was unfair: that is true - it was unfair. That is a fact: some people became rich and others did not. Unfair does not mean illegal, but it was inevitably unfair. Vladimir Potanin
Using political power, the elite can induce local authorities to facilitate enclosure and privatisation of land, water, and other hitherto public amenities. And they can pressurise public administrations to cut taxes, reducing financial resources for maintaining the remaining commons. Guy Standing
Privatisation splits hospital services into increasingly small packages. Jo Brand
More and more I think of privatisation as being not just about the takeover of resources and power by corporate interests, but as the retreat of citizens to private life and private space, screened from solidarity with strangers and increasingly afraid or even unable to imagine acting in public. Rebecca Solnit
A large number of state-owned enterprises were exempt from the privatisation process. Source: Internet
As part of the privatisation contract, Deutsche Telecom agreed to provide full digitalisation of the fixed line network by the end of December 2004. Source: Internet