Crossword clues for nationalization
The Collaborative International Dictionary
Nationalization \Na`tion*al*i*za"tion\, n. The act of nationalizing, or the state of being nationalized.
Douglas Harper's Etymology Dictionary
1801, "act of rendering national in character," from nationalize + -ation. Meaning "act of bringing (property) under control of the national government" is from 1874.
Wiktionary
n. (standard spelling of nationalisation from=American spelling from2=Oxford British spelling English)
WordNet
n. the action of forming or becoming a nation [syn: nationalisation]
the action of rendering national in character [syn: nationalisation]
changing something from private to state ownership or control [syn: nationalisation, communization, communisation] [ant: denationalization]
Wikipedia
Nationalization, or nationalisation, is the process of transforming private assets into public assets by bringing them under the public ownership of a national government or state. Nationalization usually refers to private assets or assets owned by lower levels of government, such as municipalities, being transferred to the state. The opposites of nationalization are privatization, municipalization and demutualization. When previously nationalized assets are privatized and subsequently returned to public ownership by a later government, they are said to have undergone renationalization or renationalisation. Industries that are usually subject to nationalization include transport, communications, energy, banking and natural resources.
Nationalization may occur with or without compensation to the former owners. Nationalization is distinguished from property redistribution in that the government retains control of nationalized property. Some nationalizations take place when a government seizes property acquired illegally. For example, in 1945 the French government seized the car-makers Renault because its owners had collaborated with the Nazi occupiers of France.
Nationalization is to be distinguished from " socialization", which refers to the process of restructuring the economic framework, organizational structure, and institutions of an economy on a socialist basis. By contrast, nationalization does not necessarily imply social ownership and the restructuring of the economic system. By itself, nationalization has nothing to do with socialism, having been historically carried out for various different purposes under a wide variety of different political systems and economic systems. However, nationalization is, in most cases, opposed by laissez faire capitalists as it is perceived as excessive government interference in, and control of, economic affairs of individual citizens.
Usage examples of "nationalization".
An official declaration of the Russian government itself settled the question of the extraterritorial operation of the Russian decree of nationalization and was binding on American courts.
A victim of the demilitarization realignment programme, the Credit Crash, the Warming, nationalization, industrial collapse.
They had leftist leanings and ran on platforms of land reform and nationalization of Guatemalan industries.
No one, Vanno had been told, who was not Monegasque by birth or nationalization was allowed to live on the Rock.
Nationalization of agricultural land implies cutting out the landlord and the tithe drawer, but not necessarily interfering with the farmer.
If they vote for trade embargoes and nationalization of Japanese corporations, Tokyo will attempt to negotiate, but Suma and his cronies are dead set on retaliation.
Even if we had a law permitting outright nationalization, it would be much better to get them as a gift, We want to leave to people the illusion that they're still preserving their private property rights.
In Iran, political Islam had meant, in practice, a nationalization of state enterprises and the expansion of the welfare state to help the poor.