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What is another word for privatize?

Pronunciation: [pɹˈa͡ɪvətˌa͡ɪz] (IPA)

Privatize is a common term used in economics and politics, but there are other words that can express similar ideas. One synonym is divest, meaning to sell or transfer ownership of a business or property to another entity. Another is commercialize, which refers to making a business or service available for a profit. Deregulate also relates to privatization, suggesting the relaxation of government control over specific industries, which could lead to greater privatization. Finally, outsource represents the process of hiring external companies or individuals to perform functions that were previously handled in-house. These terms all imply that control or ownership is being transferred from the public sector to the private sector.
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Synonyms for Privatize:

What are the paraphrases for Privatize?

Paraphrases are restatements of text or speech using different words and phrasing to convey the same meaning.
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What are the hypernyms for Privatize?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the opposite words for privatize?

Privatize refers to the process of transferring ownership or control of a company, organization, or industry from the government to the private sector. The word privatize has several antonyms, including nationalize, socialize, collectivize, and municipalize. Nationalize means bringing an industry or property under government control, whereas socialize refers to the distribution of wealth and resources among society's members. Collectivize means organizing industry, labor, and farming into collective units under state or public control. Lastly, municipalize refers to the transfer of ownership or control of public services or enterprises from private to municipal ownership. These words reflect contrasting ideologies about public ownership and control of industry and resources.

What are the antonyms for Privatize?

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Famous quotes with Privatize

  • I oppose the president's plan to privatize Social Security.
    Brian Higgins
  • 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
  • History suggests that attempts to privatize Medicare by relying on private companies to offer Medicare benefits in rural America simply will not work.
    Bennie Thompson
  • “Like Russia's gangsterism and Bush's cronyism, contemporary Iraq is a creation of the fifty-year crusade to privatize the world. Rather than being disowned by its creators, it deserves to be seen as the purest incarnation yet of the ideology that gave it birth.
    Naomi Klein

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