nationalization
/ˌnæʃnəlaɪˈzeɪʃn/ (bre, ipa) · /ˌnæʃnələˈzeɪʃn/ (ame, ipa)
nationalization — noun
1. when a government takes private companies, factories, or whole industries away f
when a government takes private companies, factories, or whole industries away from their owners so that the state runs them instead.
After the war, the new government announced the nationalization of all coal mines.
collocation: nationalization of [industry]
Many shareholders lost money during the nationalization of the steel industry in 1967.
Chidi argued that the nationalization of the railways had improved service across the country.
The Élise government promised full nationalization of the energy sector within five years.
Critics warned that nationalization would scare away foreign investors and slow growth.
- state takeover
plainer, more journalistic phrasing for the same process
- expropriation
stronger; emphasises taking property by force, sometimes without fair payment
- public ownership
describes the end state rather than the act
- privatization
the reverse process: government hands a state-owned industry back to private owners
- denationalization
specifically reversing a previous nationalization
文法句型
nationalization of [industry/company]
用法筆記
Uncountable noun; almost always followed by 'of + [industry/company/sector]'. Often appears in contrast with 'privatization' (the reverse process). Common in news writing about post-war Britain, Latin America, and oil-producing states.