A government selling off state-owned enterprises or assets to private companies or individuals is called

Question

Quizplus · Accepted Answer

Privatization refers specifically to the act of a government selling its assets to a private company or individual. Confiscation refers to the seizure of assets from someone without compensation; expatriation refers to the act of leaving one's own country to live in another; government sales and none of these are not specific enough to describe the process of selling off state-owned enterprises.

A Government Selling Off State-Owned Enterprises or Assets to Private