privatization
US /ˌpraɪ.və.t̬əˈzeɪ.ʃən/
UK /ˌpraɪ.və.t̬əˈzeɪ.ʃən/
1.
penswastaan
the transfer of a business, industry, or service from public to private ownership and control
:
•
The government announced the privatization of the national airline.
Kerajaan mengumumkan penswastaan syarikat penerbangan nasional.
•
Many argue that privatization can lead to improved efficiency.
Ramai berpendapat bahawa penswastaan boleh membawa kepada peningkatan kecekapan.