reprivatization
noun [ C or U ] (also re-privatization); (UK also reprivatisation, re-privatisation) uk/ˌriː.praɪ.və.taɪˈzeɪ.ʃən/ us/ˌriː.praɪ.və.t̬əˈzeɪ.ʃən/
再私有化
the process of becoming a privately owned and controlled industry or company again after having been bought and controlled by a government, or the process of making this happen
The government has sold 25% of its stake in the company -- the start of a gradual re-privatization that could be completed this year.
A revival of the industry was accompanied by the reprivatisation of renationalised sectors of the economy. 该行业的复兴伴随着重新国有化的经济部门的再私有化。
- More examples
- Should the proceeds from the reprivatization of the bank belong to the government or to the original shareholders?
- As the government has introduced the partial re-privatization of the tea plantation, some estates have converted to organic.
- Financial failure, nationalization, then re-privatization preceded the company's final demise in 1993.