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Nationalization
(redirected from Renationalise)

    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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Byline: FIONA PARKER IT'S good to see the Government has stopped the privatisation of the Post Office and started to renationalise the railways.
To the Point; yourletters by The Mirror (London, England)
He advised the government to renationalise Northern Rock and warned about this coming credit crunch while Brown dithered.
Letter: To The Point by Coventry Evening Telegraph (England)
I'd make the medical profession toe the reasonable remuneration line I'd pass a law to make greed a crime And with the money procured from the prevention of obscene levels of wealth I'd redirect it to improve the nation's welfare and health Water energy and transport I'd renationalise, fair pricing to the consumer Without profits costs I could minimise for pensioners I'd eradicate poverty in their old age And against cold and hunger for the elderly I'd legislate.
Reader's poem by Evening Chronicle (Newcastle, England)
 
 
 
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