privatization

US /ˌpraɪ.və.t̬əˈzeɪ.ʃən/
UK /ˌpraɪ.və.t̬əˈzeɪ.ʃən/
"privatization" picture
1.

民営化

the transfer of a business, industry, or service from public to private ownership and control

:
The government announced the privatization of the national airline.
政府は国営航空会社の民営化を発表した。
Many argue that privatization can lead to improved efficiency.
多くの人が民営化が効率改善につながると主張している。