Usage Note
Privatizzato is the past participle of privatizzare (to privatize), used as an adjective to describe a formerly state-owned entity transferred to private ownership. It is a key term in Italian economic and political discourse, given the sweeping privatizations of state companies (IRI, Telecom Italia, ENI) in the 1990s. The feminine form is privatizzata.
Examples
"L'azienda privatizzata ha licenziato molti operai."
Natural Translation
The privatized company laid off many workers.
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