"Privatization" Definition
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 Glossary   >   P   >   "Privatization" Definition   

        Privatization

The act of returning state-owned or state-run companies back to the private sector, usually by selling them.

The transfer of ownership from government owned to a privately owned corporation.

Privatization


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Privatization - The act of returning state-owned or state-run companies back to the private sector, usually by selling them.

The transfer of ownership from government owned to a privately owned corporation.


Privatization : the act of returning state-owned or state-run companies back to the private sector, usually by selling them.

the transfer of ownership from government owned to a privately owned corporation.