Privatization is the process of transferring the ownership of a business of a public sector to the private sector. In a broader sense, privatization refers to transfer of any government function to the private sector including governmental functions like revenue collection and law enforcement.
Divestment is said as the opposite of Investment. Investment means acquisition of certain assets; divestment means the release of assets. A business may be that a particular arm of its is not compatible with its core business and hence may decide to shelve or divest this business. Divestment may be done for various economic or social reasons.
Disinvestment: Disinvestment means shrinkage if the capital available or withdrawal of capital from a business.
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