privatizzazione
privatisation
noun pree-vah-teed-dzah-TSYOH-neh Less Common
Usage Note
Privatizzazione refers to the transfer of state-owned enterprises to private ownership — a key term in Italian economic and political discourse since the 1990s, when major public companies were privatised. The antonym is nazionalizzazione (nationalisation). The related verb is privatizzare.
Examples
"La privatizzazione delle ferrovie è controversa."
Natural Translation
The privatisation of the railways is controversial.
Related Words
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