What do you mean by disinvestment?

1
Privatization of the public sector enterprises by selling off part of its equity to the multinational company only is known as disinvestment.
2
Privatization of the public sector enterprises by selling off part of its equity to the public is known as disinvestment.
3
Privatization of the public sector enterprises by selling off part of its equity to the foreign government is known as disinvestment.
4
Nationalization of industries

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