noun🔗SharePrivatisationThe transfer of a company or organization from government to private ownership and control."The city planned the privatization of the public bus system, hoping it would become more efficient under private management. "La ville a planifié la privatisation du réseau de bus public, espérant qu'il deviendrait plus efficace sous gestion privée.politicsgovernmentbusinesseconomyChat with AIVocabulary GamePractice Reading