- 1to sell a business or an industry so that it is no longer owned by the government synonym denationalize
- 2 Air traffic control has been privatized. opposite nationalize
NAmE//ˈpraɪvəˌtaɪz//privatize somethingVerb Forms present simple I / you / we / they privatize
he / she / it privatizes
past simple privatized
-ing form privatizing
privatizationjump to other results
NAmE//ˌpraɪvət̮əˈzeɪʃn//noun [uncountable] There were fears that privatization would lead to job losses.