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Nationalization
(redirected from Renationalisation)

    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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Posted by Corus worker Richard Caddy, who has worked for 14 years at Teesside House, the petition dismissed the pounds 5m offered by government for retraining and instead called for renationalisation of the industry.
Muted response to petition at No. 10 by Evening Gazette (Middlesbrough, England)
The RMT is calling for support for the full renationalisation of the railways and London Underground.
7 in 10 people want railways renationalised by Independent Television News Limited (ITN)
THE TIMES Network Rail is to take another step towards renationalisation in stripping its contractors of responsibility for some key upgrades and taking much of the work in-house.
Paper talk; What's making the news in the nationals by Huddersfield Daily Examiner (Huddersfield, England)
 
 
 
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