How to Pronounce "privatization"
word
ˈpɹaɪvətəˈzeɪʃən
pry-vuh-tuh-ZAY-shun
ˌpraɪvətaɪˈzeɪʃən
pry-vuh-ty-ZAY-shun
Definition
The process of transferring ownership of a business, service, or property from the government to private individuals or companies.
IPA Transcription
American English
ˈpɹaɪvətəˈzeɪʃən
British English
ˌpraɪvətaɪˈzeɪʃən
Simplified Pronunciation
US
pry-vuh-tuh-ZAY-shun
UK
pry-vuh-ty-ZAY-shun
Listen in Context
There's been a heated debate about the privatization of water supply.
Many countries have started privatization of their railways.
The government announced a plan for privatization of hospitals.
Privatization often changes how services are managed.