Privatization

Privatization (rendered privatisation in British English) can mean several different things, most commonly referring to transitioning something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when a heavily regulated private company or industry becomes less regulated. Government functions and services may also be privatised (which may also be known as "franchising" or "out-sourcing"); in this case, private entities are tasked with the implementation of government programs or performance of government services that had previously been the

government service or private business venture which is funded and operated through a partnership of government and one or more private sector companies

company providing armed security services

sudden release of price and currency controls

type of company

road owned and maintained by a private individual, organization, or company

prison operated by private owners

method of privatization using vouchers to sell state-owned enterprises

political catchphrase

Corporatization is the process of transforming and restructuring state assets, government agencies, public organizations, or municipal organizations into corporations. It involves the adoption and application of business management practices and the separation of ownership from management through the creation of a joint-stock or shareholding structure for the organization. The result of corporatization is the creation of state-owned corporations (or corporations at other government levels, such as municipally owned corporations) where the government retains a majority ownership of the corporat

Railway run by a private business entity