Privatization

Privatization, also spelled privatisation (in British English), may have several meanings. Primarily, it is the process of transferring ownership of a business, enterprise, agency, public service, or public property from the public sector (a government) to the private sector, either to a business that operates for a profit or to a nonprofit organization. It may also mean the government outsourcing of services or functions to private firms, e.g. revenue collection, law enforcement, and prison management.

Privatization has also been used to describe two unrelated transactions. The first is the buying of all outstanding shares of a publicly traded company by a single entity, making the company privately owned. This is often described as private equity. The second is a demutualization of a mutual organization or cooperative to form a joint-stock company.

Forms of privatization

There are four main methods of privatization:

  • Share issue privatization (sip) - selling shares on the stock market
  • Podcasts:

    PLAYLIST TIME:

    Letting Go

    by: Profits

    To your voice be true; the rest will follow you.And to
    your head be free of all your miseries.
    To your stomach fill, shine your cheeks with wine.
    To your parents love be generous and kind.
    Feeling high helps to free my mind
    from all those hands I don't want touching me.
    Letting go, it just goes to show;
    that you're all right even though you're kind of fucked
    Shake your neighbor's hand. Be a better friend.
    Work hard through the day so tonight you can play.
    Share with me your mind and with you I'll share mine.
    Kiss your mother's hand. Wear your father's pride.
    Feeling high helps to free my mind
    from all those hands I don't want touching me.
    Letting go, it just goes to show;
    that you're all right even though you're kind of fucked
    Other than me did you see all of the masses?
    Waiting in line to get their hands on the ashes
    of memories leaving stings on their asses.
    By now you should be letting go.
    Feeling high helps to free my mind
    from all those hands I don't want touching me.
    Letting go, it just goes to show;
    that you're all right even though you're kind of fucked




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