Outrageously Funny Word Dictionary :: Reprivatization

👉 Reprivatization is a concept in economics and political philosophy that refers to the process of redistributing wealth, resources, or other assets back into the hands of individuals or communities. It involves giving away assets, such as land, property, or income, which were previously held by governments or organizations for public use. In its simplest form, reprivatization is often associated with the idea that a government should redistribute wealth and resources based on merit rather than relying solely on political power. This can

reprivatize

👉 Reprivatization, also known as privatization or privatization of property, refers to the process of transferring ownership and/or use rights in a property from one person or entity to another. This can include selling, leasing, renting, or otherwise giving up control over an asset to someone else for a price. In some cases, reprivatization may also refer to the process of creating a new legal entity, such as a corporation or partnership, that takes on the ownership and/or use rights

reprivatization