Usage Note
Privatización refers to the transfer of public assets to private ownership. It is a direct cognate of English 'privatisation/privatization'. In Spain and Latin America the debate over privatización vs nacionalización (nationalisation) of utilities and services is a recurring political topic. The verb form is privatizar.
Examples
"La privatización de la empresa generó mucho debate."
Natural Translation
The privatisation of the company generated a lot of debate.
Related Words
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