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Nationalization
(redirected from Renationalization)

   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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For these groups, it is important to reverse government policies in two specific areas: the renationalization of businesses that had been privatized in the 1990s, and, above all, the policy of taxing agricultural exports, which they term confiscatory.
What we ought really to see in the renationalization of Fannie and Freddie, however, is opportunity-an opportunity for the restoration of home values, home-owning, and finance.
Rather than pushing for renationalization of the troubled corporate sector, the Kremlin will focus on keeping private companies solvent and in private hands.
 
 
 
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