Might mean (unverified): Transfer private assets to government.
Definitions Related words Mentions
We found one dictionary that defines the word deprivatize:

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  1. deprivatize: Wiktionary

Definitions from Wiktionary (deprivatize)

verb:  (transitive) To strip the privacy from; to make public.
verb:  (transitive, business) To transfer from the private sector to the public sector.

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