Nationalisation

/ˌnæʃ.ə.nə.lȷˈzeɪ.ʃən/
noun

The action of transferring ownership of a business or public service from private to public control.

The government announced the nationalisation of several banks.
Visual representation of "nationalisation" - The action of transferring ownership of a business or public service from private to public control.

Often appears as...

  • nationalisation of industries
  • nationalisation policy

Usage tips

Neutral

state ownership, public control, economic policy

noun

The action of transferring ownership of a business or public service from private to public control.

The government announced the nationalisation of several banks.
Visual representation of "nationalisation" - The action of transferring ownership of a business or public service from private to public control.

Often appears as...

  • nationalisation of industries
  • nationalisation policy

Usage tips

Neutral

state ownership, public control, economic policy

Definition 1 of 1
Visual representation of "nationalisation"
LampPro Tip 1/3

Context

Understand that nationalisation often occurs in response to economic crises or failures.

Countries sometimes nationalise industries during economic downturns.
LampPro Tip 2/3

Political Implications

Recognise the political debates surrounding nationalisation.

Nationalisation is often debated among different political ideologies, notably between socialism and capitalism.
LampPro Tip 3/3

Public Sentiment

Nationalisation can evoke strong opinions among the public, depending on individual economic beliefs.

Public opinion often sways between support and opposition based on perceived benefits.
LampPro Tip 1/3

Context

Understand that nationalisation often occurs in response to economic crises or failures.

Countries sometimes nationalise industries during economic downturns.
LampPro Tip 2/3

Political Implications

Recognise the political debates surrounding nationalisation.

Nationalisation is often debated among different political ideologies, notably between socialism and capitalism.
LampPro Tip 3/3

Public Sentiment

Nationalisation can evoke strong opinions among the public, depending on individual economic beliefs.

Public opinion often sways between support and opposition based on perceived benefits.
LampPro Tip 1/3

Context

Understand that nationalisation often occurs in response to economic crises or failures.

Countries sometimes nationalise industries during economic downturns.
LampPro Tip 2/3

Political Implications

Recognise the political debates surrounding nationalisation.

Nationalisation is often debated among different political ideologies, notably between socialism and capitalism.
LampPro Tip 3/3

Public Sentiment

Nationalisation can evoke strong opinions among the public, depending on individual economic beliefs.

Public opinion often sways between support and opposition based on perceived benefits.
Visual representation of the word "Nationalisation"

Never forget "Nationalisation"

Humans forget easily. That's why you should download WordUp: Smart reminders, word games, AI practice, and much more!

Download on the App StoreGet it on Google PlayGet it from MicrosoftGet it on AppGallery
Chrome

WordUp Chrome Extension

As you browse the web instantly look up words you don’t know.

Get Chrome Extension
Back to top