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privateer

/ˌpɹaɪ.vəˈtɪɚ/ noun C2
  1. A privately owned warship that acted under a letter of marque to attack enemy merchant ships and take possession of their cargo.
  2. An officer or any other member of the crew of such a ship; a government-sanctioned pirate.
  3. An advocate or beneficiary of privatization of a government service or activity.
  4. A racing team that is not a subsidiary of a large conglomerate, or automotive or vehicle manufacturer.

Plural privateers

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Words, meanings, pronunciations and translations from Wiktionary (CC BY-SA 4.0); how common each word is from wordfreq. Made into this dictionary by FluentPlex.