denationalisation
Word family
- denationaliseverbC1
- denationalisedadjectiveC1
- nationalisationnounB2
- nationaliseverbB2
- privatisationnounB2
Synonym discussion
Sense: noun/1
Denationalisation refers specifically to returning a state-owned industry to private hands — it is the direct reversal of nationalisation. Privatisation is the broader term and covers any transfer of government assets to private ownership, even if the industry was never formally nationalised. Divestiture is narrower still: it usually describes a government selling off a particular subsidiary or asset rather than an entire sector, and it appears most often in formal business or legal writing. Deregulation is frequently confused with denationalisation but means something quite different — removing government rules and restrictions from an industry, without necessarily changing who owns it. Liberalisation overlaps with deregulation but is wider in scope, covering the opening up of markets to competition, often across national borders. For example, a government might deregulate its airline industry (allowing carriers to set their own prices) while keeping the national airline under state ownership — that is deregulation without denationalisation.
Common collocations
Nouns
- denationalisation programme
- denationalisation process
- denationalisation policy
- denationalisation plan
Phrases
- mass denationalisation
- partial denationalisation
- the denationalisation of state assets
Prepositions
- denationalisation of
Etymology
Formed in English by adding the prefix de- (meaning 'removal' or 'reversal') to nationalisation. The model was likely the French dénationalisation, which appeared in political and economic discourse in the early 20th century. The term gained wider use in Britain from the 1950s onward, as governments debated reversing the post-war nationalisations of key industries.