noun🔗Share민영화The 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. "시는 민간 관리 하에 더 효율적이 되기를 바라며, 공공 버스 시스템의 민영화를 계획했다.politicsgovernmentbusinesseconomyChat with AIVocabulary GamePractice Reading