Nationalization
volume
British pronunciation/nˌaʃənəlaɪzˈeɪʃən/
American pronunciation/ˌnæʃənəɫəˈzeɪʃən/, /ˌnæʃnəɫəˈzeɪʃən/

Definition & Meaning of "nationalization"

Nationalization
01

the process of transferring ownership and control of privately owned assets or industries to the government

02

the action of rendering national in character

03

the action of forming or becoming a nation

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