PRIVATIZED Meaning and
Definition
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Privatized refers to the process of transferring the ownership or control of a company, enterprise, or industry from the public sector to private ownership. This typically involves selling shares or assets of a previously publicly-owned entity to private investors, individuals, or organizations.
Privatization aims to shift the responsibility and operation of a business or industry from the government to the private sector, with the belief that private ownership will result in increased efficiency, reduced bureaucratic red tape, and potentially improved profitability. The motivations for privatization can vary, but often include revenue generation for the government, reducing the burden on public finances, promoting competition, and implementing market-oriented reforms.
Privatization can occur across various sectors and industries, such as transportation, telecommunications, energy, banking, and healthcare. It can involve complete or partial privatization, with different degrees of state control maintained after the transfer. The process may involve initial public offerings (IPOs) where shares are sold to the public, or the direct sale of assets to private companies or individuals.
While privatization can lead to potential benefits, such as increased efficiency and innovation in the market, it can also face criticism for potentially reducing public control over vital services, increasing inequality, and prioritizing profit motives over social well-being. The success and impact of privatization often depend on the specific circumstances, regulatory frameworks, and the careful management of the process.
Top Common Misspellings for PRIVATIZED *
* The statistics data for these misspellings percentages are collected from over 15,411,110 spell check sessions on www.spellchecker.net from Jan 2010 - Jun 2012.
Other Common Misspellings for PRIVATIZED
Etymology of PRIVATIZED
The word "privatized" is formed from the noun "private" and the suffix "-ize".
The noun "private" originated from the Latin word "privatus", which means "set apart, individual, personal". In the late 14th century, it entered Middle English with the meaning of "pertaining to oneself, one's own, not shared or communicated". Over time, it also developed additional meanings such as "not open to the public" or "restricted to certain individuals or groups".
The suffix "-ize" is derived from the Greek "-izein", which signifies "to make, cause, or become". It is commonly used in English to form verbs indicating the act of making or causing something.
Similar spelling words for PRIVATIZED
- probate,
- Prevatte,
- privately,
- probative,
- private eye,
- private road,
- privatize,
- privatise,
- private line,
- privation,
- prevatt,
- privette,
- privet hedge,
- private,
- privates,
- previte,
- privateer.
Conjugate verb Privatized
CONDITIONAL
I
would privatize
we
would privatize
you
would privatize
he/she/it
would privatize
they
would privatize
FUTURE
I
will privatize
we
will privatize
you
will privatize
he/she/it
will privatize
they
will privatize
FUTURE PERFECT
I
will have privatized
we
will have privatized
you
will have privatized
he/she/it
will have privatized
they
will have privatized
PAST
I
privatized
we
privatized
you
privatized
he/she/it
privatized
they
privatized
PAST PERFECT
I
had privatized
we
had privatized
you
had privatized
he/she/it
had privatized
they
had privatized
PRESENT
I
privatize
we
privatize
you
privatize
he/she/it
privatizes
they
privatize
PRESENT PERFECT
I
have privatized
we
have privatized
you
have privatized
he/she/it
has privatized
they
have privatized
I
am privatizing
we
are privatizing
you
are privatizing
he/she/it
is privatizing
they
are privatizing
I
was privatizing
we
were privatizing
you
were privatizing
he/she/it
was privatizing
they
were privatizing
I
will be privatizing
we
will be privatizing
you
will be privatizing
he/she/it
will be privatizing
they
will be privatizing
I
have been privatizing
we
have been privatizing
you
have been privatizing
he/she/it
has been privatizing
they
have been privatizing
I
had been privatizing
we
had been privatizing
you
had been privatizing
he/she/it
had been privatizing
they
had been privatizing
I
will have been privatizing
we
will have been privatizing
you
will have been privatizing
he/she/it
will have been privatizing
they
will have been privatizing
I
would have privatized
we
would have privatized
you
would have privatized
he/she/it
would have privatized
they
would have privatized
I
would be privatizing
we
would be privatizing
you
would be privatizing
he/she/it
would be privatizing
they
would be privatizing
I
would have been privatizing
we
would have been privatizing
you
would have been privatizing
he/she/it
would have been privatizing
they
would have been privatizing
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