sī​yǒu​huà

privatization

私有化 sī​yǒu​huà
privatization verb
the transfer of ownership, property, or business from the public or state sector to private individuals or organizations

The government is planning to privatize some state-owned enterprises.

Frequency

Movie subtitles
0.360 per million appears in 0% of films
Written text
3.09 per million

Sources

Definitions
CC-CEDICT