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Privatization


 

Privatization (sometimes privatisation, denationalization, or, especially in India, disinvestment) is the process of transferring property, from public ownership to private ownership and/or transferring the management of a service or activity from the government to the private sector. The opposite process is nationalization or municipalization.

Related Topics:
India - Property - Public ownership - Private ownership - Opposite process - Nationalization - Municipalization

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