privatization
/ˌpɹaɪvətaɪˈzeɪʃən/
Word Rarity
Rare
Frequency: Zipf frequency 3.27 in modern English
27
Scrabble Score
13
Letters
5
Syllables
9
Unique Chars
Meaning
noun
The transfer of a company or organization from government to private ownership and control.
American usage; Countable; Uncountable
Example Sentences
- "Coordinate term: denationalization"
- "The party, moreover, facilitates the accumulation of private fortunes and industrial empires by its foremost members and collaborators through ‘privatization’ and other measures, thereby intensifying centralization of economic affairs and government in an increasingly narrow group that may for all practical purposes be termed the national socialist elite."
- "Questioning the privilege of biology went hand in hand with a challenge to the privatization of the family and the notion that parents own children and may therefore treat them however they choose."
Etymology
Calque of German Privatisierung (with English -ation), derived from Latin prīvātus (“apart from the state; private”), with reference to post-First World War German economic principles. Popularized by Sidney Merlin in 1943, who was aware of the term reprivatization (used in similar contexts), already attested at the time.
Origin
- Source language: Latin
Word Breakdown
Regional Pronunciation
- American English: /ˌpɹaɪvətaɪˈzeɪʃən/
- British English: /ˌpɹaɪvɪtaɪˈzeɪʃ(ə)n/
Usage
- American usage
- Countable
- Uncountable