socialise
To meet and talk with people for fun.
To spend time with other people in a friendly, relaxed way, usually for enjoyment.
To teach someone (or an animal) how to behave with others.
To help a person or animal learn to behave confidently and appropriately with other people or animals, especially by giving them regular experience of different situations.
To make everyone share the cost or loss.
To make a cost, loss, debt, or risk shared by a wider group (such as the public or all members of an organisation) rather than being carried by the people who caused it or benefited from it.
To make a business or industry owned by the state.
To bring an industry, service, or property under state or collective ownership and control.
- Base: socialise
- 3rd Person Singular: socialises
- Present Participle: socialising
- Past: socialised
privatise profits and socialise losses
1keep profits, share losses publicly
To keep the profit but make others pay for the losses.
- Opponents said the rescue package would privatise profits and socialise losses.
- People were angry that executives got bonuses while taxpayers had to cover the failures.
- The report warned against policies that privatise profits and socialise losses.