noun🔗Share民営化The 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. "市は、民間管理下でより効率的になることを期待して、公共バスシステムの民営化を計画しました。politicsgovernmentbusinesseconomyChat with AIVocabulary GamePractice Reading