1. plural of privatisation; the process of transferring ownership or control of a public or state-owned enterprise to private individuals or companies
Usage: British English spelling (American English: privatizations); typically used in political and economic contexts

Examples

• The government announced several privatisations of major utilities over the next five years.
• Privatisations of state-owned industries became common in many countries during the 1980s.
• Critics argued that the privatisations would lead to higher prices for consumers.
• The privatisations of the railways were controversial among labor unions.
• Economic experts debated whether the privatisations would improve efficiency.
• Several European nations pursued privatisations as part of their economic reform programs.