| Dictionary, Encyclopedia and Thesaurus - The Free Dictionary 1,798,962,276 visitors served. |
|
Dictionary/ thesaurus | Medical dictionary | Legal dictionary | Financial dictionary | Acronyms | Idioms | Encyclopedia | Wikipedia encyclopedia | ? |
privatization |
Also found in: Financial, Wikipedia, Hutchinson | 0.03 sec. |
|
privatization: see nationalization Privatization, the reverse process, has become widespread, however, with socialism's loss of credibility. Great Britain sold off many of its public companies, such as British Telecom; France sold 65 state-owned companies in 1988; and the collapse of Communist dictatorships in E ..... Click the link for more information. . privatizationTransfer of government services or assets to the private sector. State-owned assets may be sold to private owners, or statutory restrictions on competition between privately and publicly owned enterprises may be lifted. Services formerly provided by government may be contracted out. The objective is often to increase government efficiency; implementation may affect government revenue either positively or negatively. Privatization is the opposite of nationalization, a policy resorted to by governments that want to keep the revenues from major industries, especially those that might otherwise be controlled by foreign interests. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
|
| ? Mentioned in | ? References in periodicals archive | |
|---|---|---|
Pernod Ricard is at the same time the sole candidate for the privitisation of the Other properties acquired by Thomson Financial Services in 1998 include Technimetrics, Nelson Information, digiTRADE, Viga Technologies, EDI World, PARITY, Privitisation International, Tudor House Publications Ltd. Other properties acquired by Thomson Financial Services in 1998 include Technimetrics, Nelson Information, Viga Technologies, EDI World, PARITY, Privitisation International, Tudor House Publications Ltd. |
| Encyclopedia |
| Free Tools: |
For surfers:
Free toolbar & extensions |
Word of the Day |
Help
For webmasters: Free content | Linking | Lookup box | Double-click lookup | Partner with us |
|---|