nationalization
noun/ˌnæʃnəlaɪˈzeɪʃn/
/ˌnæʃnələˈzeɪʃn/
(British English also nationalisation)
[uncountable, countable]- the process of putting an industry or a company under the control of the government, which becomes its owner opposite denationalizationdenationalisation, privatizationprivatisation
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nationalization