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Simple English definitions for legal terms

privatization

Read a random definition: successor titulo lucrativo post contractum debitum

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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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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