* * *nationalization na‧tion‧al‧i‧za‧tion [ˌnæʆnəlaɪˈzeɪʆn ǁ -nələ-] also nationalisation noun [countable, uncountable] ECONOMICSthe act of bringing a company or industry under the control of a government:
• the nationalization of the coffee industry— compare privatization
* * *The compulsory purchase of a company and its assets by a state, sometimes without compensation, in order to bring them under public ownership and control.
* * *nationalization UK US (UK also nationalisation) /ˌnæʃənəlaɪˈzeɪʃən/ US /ˌnæʃənələˈzeɪʃən/ noun [U] GOVERNMENT, ECONOMICS► a process in which a government takes control of an industry or company and becomes its owner: the nationalization of sth »
His plans include the nationalization of electricity and energy companies.»
The contract they signed in October was less lucrative than the one they had before nationalization.
Financial and business terms. 2012.
Look at other dictionaries:
Nationalization — Na tion*al*i*za tion, n. The act of nationalizing, or the state of being nationalized. [1913 Webster] … The Collaborative International Dictionary of English
nationalization — index condemnation (seizure) Burton s Legal Thesaurus. William C. Burton. 2006 … Law dictionary
nationalization — (n.) 1801, act of rendering national in character, from NATIONALIZE (Cf. nationalize) + ATION (Cf. ation). Meaning act of bringing (property) under control of the national government is from 1874 … Etymology dictionary
nationalization — (Amer.) naÂ·tionÂ·alÂ·iÂ·zaÂ·tion || â€šnÃ¦ÊƒnÉ™lÉ™ zeÉªÊƒn / laÉª n. naturalization; formation of country; making national (also nationalisation) … English contemporary dictionary
Nationalization — Not to be confused with Naturalization. Part of a series on Economic systems Ideological systems … Wikipedia
nationalization — See nationalize. * * * ▪ economic policy alteration or assumption of control or ownership of private property by the state. It is historically a more recent development than and differs in motive and degree from “expropriation” or “eminent… … Universalium
Nationalization — Refers to the process of a government taking control of a company or industry, which can occur for a variety of reasons. When nationalization occurs, the former owners of the companies may or may not be compensated for their loss in net worth and … Investment dictionary
nationalization — The process of bringing the assets of a business into the ownership of the state. Examples of industries nationalized in the past in the UK include the National Coal Board and British Rail. Historically, nationalization has been achieved through… … Accounting dictionary
nationalization — The process of bringing the assets of a business into the ownership of the state. Examples of industries nationalized in the past in the UK include the National Coal Board and British Rail. Historically, nationalization has been achieved through… … Big dictionary of business and management
nationalization — Gen Mgt the taking over of privately owned companies by government. Nationalization has strong political connotations. Recent global political trends have moved away from nationalization by introducing more competition and liberalization into… … The ultimate business dictionary