privatisation
/ˌpraɪvətaɪˈzeɪʃn/noun
उच्चारण प्राइवटाइज़ेशन
निजीकरण
Advanced word
noun
- 1
[U]
the act of selling a business or an industry that was owned by the government to private owners
निजीकरण
- The government announced the privatisation of two public sector banks.
- Unions protested against the privatisation of the railways.
Opposite nationalisation
◇Word family
privatise verbprivate adjective
≈Synonyms and antonyms
Antonyms
?Which word?
Do not confuse privatisation (handing over ownership and control of a public company to private owners) and disinvestment (selling part of the government's shares in a company, which may still remain under government control).
Privatisation (सरकारी कंपनी का स्वामित्व और नियंत्रण निजी हाथों में देना) और disinvestment (किसी कंपनी में सरकार के शेयरों का कुछ हिस्सा बेचना, जिसके बाद भी कंपनी सरकार के नियंत्रण में रह सकती है) में भ्रमित न हों।