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Nationalization
(redirected from Nationalised)

    Also found in: Dictionary/thesaurus, Medical, Legal, Encyclopedia, Wikipedia 0.01 sec.
Nationalization
A government takeover of a private company.
Nationalization
The taking of a private business or industry by a government. Compensation to shareholders, bondholders, and/or other stakeholders may be made in a nationalization, but the word connotes forcible seizure. Developing countries and socialist governments nationalize companies and assets more often than developed countries, but even the United States took majority ownership of several major private companies in 2008 and 2009. Nationalization is very controversial. See also: Too-big-to-fail.
nationalization
A government takeover of private property or operations. The government may or may not compensate the property owners. Multinational companies with operations in developing countries have frequently seen their assets nationalized.
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Britain has nationalised Northern Rock and taken major stakes in Lloyds Banking Group and Royal Bank of Scotland, while Germany has nationalised Hypo Real Estate and taken a stake in Commerzbank.
PWC: Governments could take 7 years to exit bank stakes by Financial Mirror (Cyprus)
The bank was closed to new business last September, and its mortgage book nationalised with an pounds 18.
B&B to separate its bad assets by Daily Post (Liverpool, England)
The bank was nationalised in September 2008 to stop it collapsing, with the branches and savings arm swiftly sold to the Spanish bank Santander.
B&B plays down plan to hive off its bad assets by The Journal (Newcastle, England)
 
 
 
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