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private hotel
private income
private investigator
private key cryptography
private label card
private language
private law
private letter ruling
private means
private member
private member’s bill
private parts
private patient
private pay bed
private school
private sector
private sector investment
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privatize
pri·va·tize [ prvə tz ] (past and past participle pri·va·tized, present participle pri·va·tiz·ing, 3rd person present singular pri·va·tiz·es)


transitive verb 
Definition:
 
take something out of state control: to transfer to private ownership an economic enterprise or public utility that has been under state ownership

pri·va·ti·za·tion [ prvəti záysh'n ] noun
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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