Definition

To change a public organization into one that is owned or controlled by a corporation, often adopting corporate values and practices.

Example

The government decided to corporatize the state-owned enterprise to improve efficiency.

Tense Forms

Conversation

Did you hear they're planning to corporatize that local park?

Really? That sounds like a bad idea for the community.

I know, right? It’s like they want to commercialize everything.

Exactly! We should find a way to stop that from happening.

Synonyms & Antonyms

Root Explanation

Corporatize → It is formed from "corporate" (from Latin "corporatus", meaning formed into a body) and "-ize" (a suffix used to form verbs meaning to make or to become). The word "corporatize" means to make something into a corporation or to give it the characteristics of a corporation.

Memory Tip

Think of 'forming into a body' ('corporate') and 'making' ('-ize') to remember that 'corporatize' means to make something into a corporation.

Visually Confused Words