Synonyms for

Privatisation

Verb / ˈpraɪvʌtʌˈzeɪʃʌn / Another word for privatisation — explore alternatives below. For syllable breakdowns and pronunciation, see this word on Syllablesworld.

Definition

Privatisation is the process of transferring ownership of a business, enterprise, or industry from the public sector to the private sector.

Synonyms & similar words

nationalization denationalization denationalisation privatization denationalization deregulation disinvestment outsourcing commercialization marketization transferral divestiture sell-off devolution decentralization autonomy self-government self-rule independence

Example sentences

  1. The privatisation of the water companies was controversial.
  2. The government is considering the privatisation of the postal service.
  3. The privatisation of the railways has led to improvements in service.
  4. Critics argue that privatisation leads to higher prices for consumers.
  5. The privatisation of the telecommunications industry has led to increased competition.

Quotes

  • The privatisation of public services has been a disaster for ordinary people. - Jeremy Corbyn
  • Privatisation is not the answer to a broken rail system. - Andy McDonald
  • Privatisation is a neoliberal lie. - Naomi Klein

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