What does marketised mean?
Marketised is a verb that means to make something conform to the principles of a market. This can involve introducing market mechanisms or competition into a previously non-market system. The term is often used in the context of economic policy or business strategy, and can have a positive connotation. Marketised has been used in various contexts, including healthcare and services. It is a useful word for describing the process of introducing market principles into a previously non-market system. The word has been used in both formal and informal contexts, and is widely understood in both British and US English.
verbTo make something conform to the principles of a market, especially by introducing market mechanisms or competition into a previously non-market system.
- To make something conform to the principles of a market
"The government marketised the healthcare system, introducing competition among providers and reducing waiting times."
"The government marketised the healthcare system, introducing competition among providers and reducing waiting times."
"The company marketised its services, making them more accessible to a wider audience."
Reviewed by Deb Chak, Editor. AI-assisted content curated by RJS Tech Solutions LLP.
Etymology of marketised
The word marketised is derived from the verb market, which means to make something conform to the principles of a market. The suffix -ised is a common formative in English, used to indicate a process or action. The word marketised has been in use since the late 20th century, and has been influenced by the increasing use of market mechanisms in economic policy.
How marketised is actually used
Marketised is often used in the context of economic policy or business strategy. It can have a positive connotation, implying increased efficiency and competition.