nationalisation nationalisation

Definition(s):

  1. (n) the action of forming or becoming a nation
  2. (n) the action of rendering national in character
  3. (n) changing something from private to state ownership or control

Usage(s):

  1. Opposition to putting the Government in business, to nationalisation of public utilities.
  2. One effect of the way the quasi-nationalisation is structured is that US institutions may well suffer more than foreign ones.

News

  • Bank of Ireland net interest margin jumps dramatically

    By Padraic Halpin DUBLIN (Reuters) - Bank of Ireland's (ISE:BIR) net interest margin rose dramatically in the first half of the year as the only Irish lender to escape nationalisation declared itself a ...
    on August 2, 2013     Source: Reuters via Yahoo! Finance

Quotes

  1. Mr Cameron told reporters: "The nationalisation of Northern Rock is a disaster for the British taxpayer, a disaster for this government and a disaster for our country."
    on Feb 18, 2008 By: David Cameron Source: BBC News

  2. "We should be focusing on what works," Lindsey Graham, a Republican senator from South Carolina, told the Financial Times. "We cannot keep pouring good money after bad. If nationalisation is what works, then we should do it."
    on Feb 19, 2009 By: Lindsey Graham Source: The Canberra Times

  3. "Oil-exporting countries may move towards nationalisation because of the rapidly declining prices. This is put on the table and is being discussed seriously," Gaddafi said through an interpreter.
    on Jan 22, 2009 By: Moammar Gadhafi Source: GulfNews

Word of the Day
affectation affectation
/ˌæ fɛk ˈteɪ ʃən /