Privatization vs Incorporation - What's the difference?
privatization | incorporation |
The transfer of a company or organization from government to private ownership and control.
*
The act of incorporating, or the state of being incorporated.
The union of different ingredients in one mass; mixture; combination; synthesis.
The union of something with a body already existing; association; intimate union; assimilation; as, the incorporation of conquered countries into the Roman republic.
The act of creating a corporation.
A body incorporated; a corporation.