Private Sector Integration

Privatization - Privatization is the process of transferring ownership and management of a business, enterprise, or public service from the government to private individuals or entities. This often aims to improve efficiency, foster competition, and reduce public sector burden.

Class Information

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Identification

IRI: https://folio.openlegalstandard.org/RCIBJRAcSodX6OGvtioSZLY
Label (rdfs): Privatization
Preferred Label: Private Sector Integration
Alternative Labels: Denationalization, Private Sector Takeover
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Definition and Examples

Definition: Privatization is the process of transferring ownership and management of a business, enterprise, or public service from the government to private individuals or entities. This often aims to improve efficiency, foster competition, and reduce public sector burden.
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Translations

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Class Relationships

Sub Class Of: M&A Transactional Method
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Additional Information

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Deprecated: False

Metadata

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