Meaning of privatize

pri•va•tize

Pronunciation: (prī'vu-tīz"), [key]
— -tized, -tiz•ing.
  1. to transfer from public or government control or ownership to private enterprise: a campaign promise to privatize some of the public lands.
  2. to make exclusive; delimit or appropriate: special-interest groups attempting to privatize social issues.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
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