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Nationalization
(redirected from nationalise)

   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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As for the arrogant rail companies - nationalise the lot without compensation.
The news comes after The Journal last month revealed Transport Secretary Lord Adonis was planning to nationalise the franchise within weeks.
Lenders to struggling Japan Airlines (JAL) will ask the government for a more drastic overhaul of the company, including a move to nationalise its healthy segments, a report said Tuesday.
 
 
 
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