nationalization
pronunciation
How to pronounce nationalization in British English:
UK [ˌnæʃnəlaɪ'zeɪʃn]
How to pronounce nationalization in American English:
US [ˌnæʃnəlaɪ'zeɪʃn]
-
- Noun:
- the action of forming or becoming a nation
- the action of rendering national in character
- changing something from private to state ownership or control
Word Origin
- nationalization (n.)
- 1801, "act of rendering national in character," from nationalize + -ation. Meaning "act of bringing (property) under control of the national government" is from 1874.
Example
- 1. But nationalization doesn 't make these problems disappear .
- 2. The opponents of this nationalization programme must be destroyed .
- 3. Nationalization rather than privatization will be in favor as governments take over ownership of many weak companies .
- 4. An unappetizing prospect is one of creeping nationalization , in which only the public sector creates employment .
- 5. Outright nationalization and haircutting of creditors will do just the opposite .