C1 noun ˌpraɪ.vɪ.taɪˈzeɪ.ʃən
privatization
निजीकरण
Meaning
The transfer of a business, industry, or service from public to private ownership and control.
Example
The privatization of state-owned companies increased efficiency.
राज्य-स्वामित्व वाली कंपनियों का निजीकरण दक्षता बढ़ाता है।