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Definition of

nationalization

General Management

transferring of private firms to state ownership the taking over of privately owned companies by government. Nationalization has strong political connotations. Recent global political trends had moved away from nationalization by introducing more competition and liberalization into markets before the banking crisis of 2008 caused governments to take considerable holdings in financial institutions to save them from collapse.

Related definitions of "nationalization"

Definitions of ’nationalization’ and meaning of ’nationalization’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’nationalization’ and other financial terms with our online QFINANCE Financial Dictionary.

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