Verb
change from governmental to private control or ownership
Source: WordNetOf course the Republicans have long wanted to privatize Social Security and destroy it. But Social Security has been the most important and valuable social program in the history of the United States. Bernie Sanders
I have never heard of any convincing reason as to why we should privatize land at this stage. Meles Zenawi
However, the Administration's plan to privatize Social Security will undermine retirement security for all Americans by cutting guaranteed benefits by more than 40 percent, and risky private accounts won't make up for the loss of benefits for millions of Americans. Ruben Hinojosa
(The lockout) makes no sense unless you put it in the context of a wider strategy, which is to somehow weaken Canadians' commitment to Canada Post so that ultimately, when the government gets out there to privatize it, they think they can get the public on their side. Jack Layton
Once you privatize something, it becomes a for-profit business. Jesse Ventura
A tremendous amount of the entrepreneurial initiative, if you want to call it that, comes from the dynamic state sector on which most of the economy relies to socialize costs and risks and privatize eventual profit. And that's achieved by, if you like, advertising. Noam Chomsky