Privatization usually means the government selling TAX PAYER OWNED property (perhaps improved, with building, computers, etc) to a PRIVATE COMPANY for profit. (Alan Greenspan, and all economists before agree: the TAXPAYER does not suffer sale at a loss - the taxpayer seeks profit just like businesses on sale*)
Privatization is generally illegal unless the "buyer" pays all taxpayer costs of development, INTEREST, AND PROFIT.
so go ahead, make my day
* however government cannot BEGIN a contract a private company could be doing by squeezing the competition out using "free taxpayer money" - that practice is infact illegal. we're talking above about LEGAL sales, not any kind of illegal sale