nationalization

nationalization
1. The transfer to government control of *private sector economic activity and organizations. Contrast *privatization. 2. The reinforcement of the national characteristics of an activity or organization. In some countries, organizational quotas ensure a defined level of involvement of certain ethnic groups in *public and *private sector institutions. In Malaysia, for example, Bumiputra ("sons of the soil") laws establish racial quotas of this nature in favor of ethnic Malays.

Auditor's dictionary. 2014.

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  • Nationalization — Na tion*al*i*za tion, n. The act of nationalizing, or the state of being nationalized. [1913 Webster] …   The Collaborative International Dictionary of English

  • nationalization — index condemnation (seizure) Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • nationalization — (n.) 1801, act of rendering national in character, from NATIONALIZE (Cf. nationalize) + ATION (Cf. ation). Meaning act of bringing (property) under control of the national government is from 1874 …   Etymology dictionary

  • nationalization — (Amer.) na·tion·al·i·za·tion || ‚næʃnÉ™lÉ™ zeɪʃn / laɪ n. naturalization; formation of country; making national (also nationalisation) …   English contemporary dictionary

  • Nationalization — Not to be confused with Naturalization. Part of a series on Economic systems Ideological systems …   Wikipedia

  • nationalization — See nationalize. * * * ▪ economic policy       alteration or assumption of control or ownership of private property by the state. It is historically a more recent development than and differs in motive and degree from “expropriation” or “eminent… …   Universalium

  • Nationalization — Refers to the process of a government taking control of a company or industry, which can occur for a variety of reasons. When nationalization occurs, the former owners of the companies may or may not be compensated for their loss in net worth and …   Investment dictionary

  • nationalization — A government takeover of a private company. Bloomberg Financial Dictionary * * * nationalization na‧tion‧al‧i‧za‧tion [ˌnæʆnəlaɪˈzeɪʆn ǁ nələ ] also nationalisation noun [countable, uncountable] ECONOMICS the act of bringing a company or… …   Financial and business terms

  • nationalization — The process of bringing the assets of a business into the ownership of the state. Examples of industries nationalized in the past in the UK include the National Coal Board and British Rail. Historically, nationalization has been achieved through… …   Accounting dictionary

  • nationalization — The process of bringing the assets of a business into the ownership of the state. Examples of industries nationalized in the past in the UK include the National Coal Board and British Rail. Historically, nationalization has been achieved through… …   Big dictionary of business and management

  • nationalization — nationalize (also nationalise) ► VERB ▪ transfer (an industry or business) from private to state ownership or control. DERIVATIVES nationalization noun …   English terms dictionary

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