C1
privatization
/ˌpraɪvətaɪˈzeɪʃn/
noun
prywatyzacja
/prɨvatɨˈzat͡sja/· rzeczownikDefinition
the act of selling a business or an industry so that it is no longer owned by the government
Examples
There were fears that privatization would lead to job losses.
Obawiano się, że prywatyzacja doprowadzi do utraty miejsc pracy.
Collocations
mass privatizationprivatization processprivatization program
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