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Simple English definitions for legal terms

privatization

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A quick definition of privatization:

Term: PRIVATIZATION

Definition: Privatization is when a business or industry that was owned or controlled by the government is sold to private companies. This means that the government no longer has control over it and it is run by private individuals or organizations. The word "privatize" is used to describe the process of making something private.

A more thorough explanation:

Privatization (prI-və-tə-zay-shən) is the process of transferring ownership or control of a business or industry from the government to private companies or individuals.

  • The government sold its shares in the telecommunications company, resulting in the privatization of the industry.
  • The privatization of healthcare in some countries has led to increased competition and improved services.

These examples illustrate how privatization involves the transfer of ownership or control from the government to private entities. In the first example, the government sold its shares in a telecommunications company, which means that the company is no longer owned or controlled by the government. In the second example, the healthcare industry was privatized, which means that private companies or individuals now own and operate healthcare facilities instead of the government.

privation | privatum

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16:37
elon said id hear back before thanksgoving but now im even more on edge
soyalmondoatmilk
16:38
can i pls just know im at least going somewhere next fall
16:38
thstd exactly how i feel
i wish i could teleport to mid december so i can hear back from nw
soyalmondoatmilk
16:39
@nycbestcloser: do u like suits
16:40
@Dkk: yeah a 5% drop is nothing relative to the swing per yr. @danker thanks for not canceling me
16:40
i like suits my favorite colors for suits are blue (not navy but like a greyish blue) and a true grey
16:40
@Eggan: lite grey?
16:40
no like medium grey
soyalmondoatmilk
16:41
oh LOLL i meant the tv show but suits are cute too
16:41
i knew you meant the show i was just being silly
16:41
@Eggan: oh same. I have a charcoal suit and I feel like Im in an old movie when I wear it lmao. gray is the move
soyalmondoatmilk
16:42
@eggan ahahaha
16:42
i used to have a true blue suit in the color i mentioned above but then i gained weight and it doesnt fit anymore. i rly gotta go get a bespoke suit or something idc if i need to empty my pockets for one
soyalmondoatmilk
16:42
i like navy blue suits
soyalmondoatmilk
16:42
^on guys
16:43
guys someone got an elon acceptance and they applied the same day as me and got an II the same day i am flipping out
16:43
This guy has my taste in suits: https://www.youtube.com/@MikeRafiLawyer
JumpySubsequentDolphin
16:44
have you guys seen that suit guy on Tik tok
JumpySubsequentDolphin
16:44
that like assaults the people he’s making suits for
absolutely gift wrapped this pasty english boy
"how old are you" "18" "PLENTY of consent"
JumpySubsequentDolphin
16:49
YES YES HIM
16:49
link it
16:53
yooo sams tailor
16:54
Does Anyone know if the FASFA section on the Santa Clara status checker is new? I don't remember it being there last year
Dkk
16:59
Facking UGA still not even touching the 168's. Cutting hard at 169 again. Worries me.
Dkk
16:59
Hate it when schools do that. So dumb.
Medians > everything
HopefullyInLawSchool
17:10
@OvertReconditeSpider: it depends on the applicant, if you apply YM it increases your chnaces by alot even if you're below median. But youre right medians are improtant.
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