Privatisation

 

 

 

Privatisation

 

Glossary of business

 

Definition of privatisation

 

Privatisation is the process of moving economic activity from the public sector to the private sector. The most common form of privatisation is the sale of government-owned shares in private sector companies or the sale of whole companies (for example British Telecom), but it could also mean sub-contracting government activities to private firms (for example government property management or catering).

 

Source : http://business-tes.wikispaces.com/file/view/Glossary.doc

link: http://business-tes.wikispaces.com/

Author : not indicated on the source document of the above text

 

Terminology about business

 

Job world

 

 

Definition and meaning of privatisation

 

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Meaning of privatisation

 

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What does privatisation mean ?

 

 

 

 

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