For Nationalization we have terms and definitions in 4 topics. The topics are Finance, International Business, Middle East and Political.

Nationalization (Finance)

A government takeover of a private company.

Nationalization (International Business)

A process whereby privately owned companies are brought under state ownership and control. (Contrast with privatization.)

Nationalization (Middle East)

To convert to governmental control something that had been owned or operated by a foreign power.

Nationalization (Political)

The act by which government takes over a business enterprise or service that has formerly been privately owned. Opponents of nationalization say it is inefficient because it leads to overcentralization, and is costly. Supporters say that nationalized industries are easier to coordinate and can be expanded more easily and efficiently.

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