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privatized

 

Definitions from WordNet

Verb privatize has 1 sense
  1. privatize, privatise - change from governmental to private control or ownership; "The oil industry was privatized"
    --1 is one way to denationalize, denationalise
    Sample sentence:
    Somebody ----s something

Definitions from the Web

Privatized

Part of Speech: Verb

Definition: To transfer ownership or control of a business or industry from the government to private ownership.

Example Sentence: The government decided to privatize several state-owned companies in order to improve efficiency and reduce costs.

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Privatized

Part of Speech: Adjective

Definition: Referring to a business or industry that has been transferred from government ownership to private ownership.

Example Sentence: The privatized water company is now more responsive to customer needs since the change in ownership.

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Privatized

Part of Speech: Past Participle

Definition: Having been transferred from government ownership to private ownership.

Example Sentence: The state-owned railway was privatized last year, and it has since shown improvements in service quality.

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