privatize: privatization: Urdu meaning

#privatize, #privatizing, #privatized  (#privatise: in Br)
1.Definition: (verb)
if a government privatizes an industry, a business, etc. that it owns and controls, it sells it so that it becomes a private business / (- nationalize) [niji milkiat me dena / nijs milkiat me dena]

#privatization (#privatisation: in Br)

2.Definitions: (noun)

the act of privatizing a company, service, industry, etc. / [nijkaari]

Example Sentences:
1. The government is planning to privatize electricity and water. (1)

Related Entries:
nationalize: (opposite)