Privatising is a term that refers to the process of transferring ownership and control of a government-owned asset to a private individual or organisation. Synonyms for the word privatising include: corporatising, commercialising, divesting, deregulating, and denationalising. Corporatising refers to the conversion of a state-owned entity into a corporation. Commercialising means to make an existing business more commercial in nature. Divesting is the process of selling assets or businesses that are deemed non-core to the business. Deregulating means reducing or removing restrictions on business activity. Denationalising is the transfer of ownership and control of a government-owned entity to the private sector. These synonyms are all related to the idea of transferring ownership from the public to the private sector.