🔤 Privatisation ✨
Sponsored Links
📖
URDU
🅰️
Roman Urdu:
Niji Karyya, Niji Banana
🇬🇧
ENGLISH
📚noun
privatisation
🗣️
PRONUNCIATION
Standard: praɪvətaɪˈzeɪʃən
Phonetic: pry-vuh-tahy-ZEY-shuhn
📝
DEFINITION
The Transfer Of Ownership Of Property Or Businesses From A Government To A Privately Owned Entity, The Process Of Converting From Public To Private Control
💡
EXAMPLE SENTENCES
The government announced a new policy of privatisation for state-owned industries.
Critics argue that privatisation often leads to higher prices for consumers.
Sponsored Links
🔗
SYNONYMS
denationalisation deregulation divestiture liberalization
⚡
ANTONYMS
nationalisation socialization statisation
Sponsored Links