German Conversation · Level 101
59 words
German word
Privatisierung
Pronunciation
IPA/pʁivatiˈziːʁʊŋ/
Meaning
- feminine nounprivatization
Example
In den 1990er Jahren gab es viele Privatisierungen.
There were many privatizations in the 1990s.
More examples
Viele kritisieren die Privatisierung öffentlicher Dienstleistungen wegen steigender Preise.
Many criticize the privatization of public services because of rising prices.
Core concept
A state-run service moves into a privately owned or privately managed arrangement.
Common phrases
Privatisierung von Staatsbetrieben
privatization of state-owned enterprises
Privatisierung öffentlicher Dienstleistungen
privatization of public services
Privatisierung des Energiesektors
privatization of the energy sector
Similar words
Verstaatlichung: Transfer of a business or asset into state or municipal ownership or control.
Teilprivatisierung: Transfer of part of a public business or some of its shares to private owners.
Deregulierung: Reduction of government rules to expand private activity in an industry.
Liberalisierung: Removal or easing of restrictions to increase competition in a market or industry.
Definition in German
Die Übertragung öffentlicher Betriebe oder Aufgaben in private Eigentums- oder Betriebsverhältnisse.
Word origin
German forms Privatisierung from privatisieren by adding the noun-forming ending -ierung to the verb stem.
Usage tips
- The related verb privatisieren takes the thing privatized as an accusative object, as in 'Der Staat privatisiert den Betrieb.'
Opposites
- Verstaatlichungnationalizationnoun
- Rückverstaatlichungrenationalizationnoun
Related words
- privatisierenprivatizeverb
- privatisiertprivatizedadjective
- Privatisierungswellewave of privatizationnoun