Spanish Conversation · Level 71
60 words
Spanish word
privatizar
Pronunciation
IPA/pɾiβatiˈθaɾ/
Meaning
- verbprivatize
Example
El gobierno decidió privatizar la empresa estatal.
The government decided to privatize the state-owned company.
More examples
¿Van a privatizar el servicio de trenes?
Are they going to privatize the train service?
Core concept
Transfer of control and funding of a public service to private operators.
Common phrases
privatizar una empresa
privatize a firm
privatizar servicios públicos
privatize public services
privatizar la educación
privatize education
Similar words
vender: Sells legal ownership of an item or business to another party in exchange for payment.
concesionar: Entrust a private company with operating rights for a public service for a set period.
externalizar: Assigns specific tasks or services to an external private company to carry out.
Definition in Spanish
Hacer que un servicio o empresa pública pase a ser gestionada o poseída por agentes privados, con cambios en su control, financiación o prestación.
Word origin
Derived from privado (Latin privatus) with the suffix -izar, a regular formation meaning to cause something public to become private.
Usage tips
- Does not always imply an outright sale; privatizar can cover concessions, outsourcing, or changes in management without full transfer of ownership.
Other meanings
- sell offverb
Opposites
- nacionalizarnationalizeverb
- estatizarplace under state controlverb
Related words
- privatizaciónprivatizationnoun
- privatizadoprivatizedadjective
- privatizadorprivatization advocatenoun