Privatization, also spelled privatisation, may have several meanings. Primarily, it is the process of transferring ownership of a business, enterprise, agency, public service, or public property from the public sector (a government) to the private sector, either to a business that operates for a profit or to a nonprofit organization. It may also mean the government outsourcing of services or functions to private firms, e.g.
| Attributes | Values |
|---|---|
| rdfs:comment |
|
| rdfs:seeAlso |
|
| is type of |