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What is another word for privatizing?

Pronunciation: [pɹˈa͡ɪvətˌa͡ɪzɪŋ] (IPA)

Privatizing is the process of transferring ownership and control of a public entity to private ownership. The term has several synonyms, including divestment, outsourcing, commercialization, and denationalization. Divestment refers to selling off public assets or divesting control of them to private entities. Outsourcing, on the other hand, is the practice of hiring external firms or companies to perform certain functions or services. Commercialization involves converting public entities into commercial ventures, while denationalization means removing an entity from government or state control altogether. These synonyms are often used interchangeably to describe the process of moving public-owned entities into the private sector.
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What are the paraphrases for Privatizing?

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What are the hypernyms for Privatizing?

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

Famous quotes with Privatizing

  • Not only is privatizing Social Security not the solution to Social Security, it would exacerbate the problem.
    Shelley Berkley
  • America's corporate and political elites now form a regime of their own and they're privatizing democracy. All the benefits - the tax cuts, policies and rewards flow in one direction: up.
    Bill Moyers
  • We can preserve Social Security benefits for generations of Americans without privatizing this important program.
    Richard Neal
  • What the local politicians actually meant was that they hoped to claim the land in the name of the public and then make the usual profits privatizing it. There was a principle at stake. They had to ensure their friends and not outsiders got the benefit.
    Michael Moorcock

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