nationalization
Translation
nationalisation
Examples
The government announced the nationalization of the banks.
The government announced the nationalisation of the banks.
Grammar Patterns
the nationalization of ((sth.)) the act of bringing an industry under state control The nationalization of the railways was controversial.
Similar Words
Synonyms: state ownership; Antonyms: privatization, denationalisation
Etymology
From 'nationalize' plus the noun suffix '-ation', indicating a process or action.
Memory Tips
Break it down: 'national' + '-ization' (the process of making). It's the process of making a private industry national (state-owned).