/ Dictionary / Index P privatize: Meaning and Definition of Find definitions for: pri•va•tize Pronunciation: (prī'vu-tīz"), [key] — -tized, -tiz•ing. to transfer from public or government control or ownership to private enterprise: a campaign promise to privatize some of the public lands. to make exclusive; delimit or appropriate: special-interest groups attempting to privatize social issues. Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease. See also: privatize (Thesaurus) privative privet Related Content Daily Word Quiz: sinister Analogy of the Day: Today’s Analogy Spelling Bee: Today’s Spelling Bee Frequently Misspelled Words Frequently Mispronounced Words Easily Confused Words Writing & Language