nationalization nationalization  /ˌnæ ʃə nə lə ˈzeɪ ʃən/

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. Nonetheless, IndyMac does provide an example in which nationalization worked, suggesting that at least some of the fears critics have of nationalization may be unfounded.
  2. Even the most Blimpish British opponent of the Labor government's nationalization of industry would not dispute its goals.
  3. As a result, when the French government completes the nationalization of Paribas, it will gain only a minority holding in the bank's profitable subsidiary.

News

  • Greek Banks Said to Lure Investors to Avoid Full State Control

    National Bank of Greece SA and Piraeus Bank SA have secured sufficient backing from private investors for their capital raisings to enable the lenders to avert complete nationalization, according to people with direct knowledge of the transactions.
    on June 13, 2013     Source: Bloomberg

Wiki Images for nationalization

definition of nationalization

Quotes

  1. "A few months ago I said were only a hop, skip and a jump away from nationalization," McFall said.
    on Jan 18, 2009 By: John McFall Source: Malaysia Star

  2. "The nationalization of Northern Rock is a disaster for the British taxpayer, a disaster for this government and a disaster for our country," said Conservative Party leader David Cameron.
    on Feb 18, 2008 By: David Cameron Source: FOXNews

  3. "Well, whatever you want to call it," said Ms. Pelosi, Democrat of California. "If we are strengthening them, then the American people should get some of the upside of that strengthening. Some people call that nationalization."
    on Jan 25, 2009 By: Nancy Pelosi Source: New York Times

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