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.

See also

• Cooperative
• Deregulation
• Government ownership ("public ownership")
• LIBM theory
• Reprivatization
• Securitization (see "government securitization")
• Welfare state