nationalization

Meaning

The process of a government taking control of private property or industry.

The transfer of private property or business to government ownership.

Example Sentences

The nationalization of banks was aimed at stabilizing the economy.

The nationalization of banks increased state control over finance.

Synonyms

State Ownership, Public Control, Government Takeover

Entry 1

State Ownership, Public Control, Government Takeover

Entry 2

State Ownership, Public Control, Government Takeover

Antonyms

Privatization, Deregulation, Free Marketization, Free Market

Entry 1

Privatization, Deregulation, Free Marketization

Entry 2

Privatization, Deregulation, Free Market