As of 2019, Starbucks opens a new store every 15 hours in China. The coffee chain has grown by 700% over the past decade.
PRIVATIZE
privatize, privatise
(verb) change from governmental to private control or ownership; “The oil industry was privatized”
Source: WordNet® 3.1
Etymology
Verb
privatize (third-person singular simple present privatizes, present participle privatizing, simple past and past participle privatized)
(economics) To release government control of (a business or industry) to private industry.
(computing, transitive) To make (a variable, etc.) private in scope.
Synonyms
• denationalize
Antonyms
• nationalize
Source: Wiktionary
Recent Word Finds
Word of the Day
22 May 2024
INFERIOR
(adjective) having an orbit between the sun and the Earth’s orbit; “Mercury and Venus are inferior planets”
Coffee Trivia
