reprivatization
noun[CorU]
(alsore-privatization);(UKalsoreprivatisation,re-privatisation)uk/ˌriː.praɪ.və.taɪˈzeɪ.ʃən/us/ˌriː.praɪ.və.t̬əˈzeɪ.ʃən/theprocessofbecomingaprivatelyownedandcontrolledindustryorcompanyagain after having beenboughtandcontrolledby agovernment, or theprocessof making thishappen:
Thegovernmenthassold25% ofitsstakein thecompany-- thestartof agradualre-privatization that could becompletedthisyear.
Arevivalof theindustrywasaccompaniedby the reprivatisation of renationalisedsectorsof theeconomy.
- Should theproceedsfrom the reprivatization of thebankbelongto thegovernmentor to theoriginalshareholders?
- As thegovernmenthasintroducedthepartialre-privatization of theteaplantation, someestateshaveconvertedtoorganic.
- Financialfailure,nationalization, then re-privatizationprecededthe company'sfinaldemisein 1993.
UK politics: government administration & organization
- awkward
- backbench
- Brexit
- collectivization
- hung parliament
- lord
- parliamentary
- partition
- PMQs
- policy-maker
- policy-making
- reshuffle
- soviet
- the awkward gangidiom
- the House of Commons
- the House of Lords
- the Houses of Parliament
- three-line whip
- upper house
- Westminster
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Selling