Meaning of the word nationalization in English
What does nationalization mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
nationalization
US /ˌnæʃ.ən.əl.əˈzeɪ.ʃən/
UK /ˌnæʃ.ən.əl.aɪˈzeɪ.ʃən/
Noun
the process by which a government takes control of an industry or company, or of land or other assets
Example:
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The government announced the nationalization of the country's major banks.
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The debate over the nationalization of the railway system continued for years.
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