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English Fox - English Dictionary
Meaning of
nationalization
in English
nationalization
us
/ˌnæʃənəlʌɪˈzeɪʃən/
uk
/ˌnæʃənəlaɪˈZeɪʃən/
#uncommon
Plural
nationalizations
Definitions
Noun
process
of
taking
control
of
industries
The
government
implemented
nationalization
of
key
industries
to
boost
the
economy
.
transfer
of
ownership
to
a
nation
;
government
control
The
company
faced
nationalization
as
the
government
took
over
its
assets
and
operations
.
state
acquisition
of
private
assets
The
government's
decision
on
nationalization
of
the
bank
led
to
widespread
controversy
.
