het

• Article

  the (the neuter definite article)

• Pron

tweede

second, number two

aspect

1. aspect, element
2. aspect, appearance
3. aspect (grammatical category)

is

• Verb

  third-person singular present indicative of zijn; is, equals

• Adv

de

• Article

  the (definite article, masculine and feminine singular, plural)

• Prep

privatisering

privatisation (UK, Australia), privatization (North America)