Privatisation
From ACT Wiki
Revision as of 22:47, 2 May 2020 by Doug Williamson (Talk | contribs) (Add second definition. Source: Investopedia https://www.investopedia.com/terms/p/privatization.asp)
1.
The transfer of a business or an activity from state ownership and control into ownership by the private sector.
Shares in the privatised business are usually listed on a stock exchange.
2.
A corporate privatisation is a transfer of ownership from public equity markets (the stock exchange) to private equity ownership.
