nationalization

¹ Cultural  

1. A government takeover of a private business.

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nationalization ² Cultural  

1. The taking over of private property by a national government.

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Example Sentences

He noted that local control over mining in three key provinces in northwest Argentina managed to help thwart any moves toward lithium nationalization at the national level a couple years ago, boosting investor sentiment.

From Reuters

In the decree, Mr. Putin justified the nationalization by saying it came in response to the “unfriendly steps taken by the United States and allied foreign nations that go against international law.”

From New York Times

In Chile, DLE companies see a business opportunity despite the nationalization plans given that Boric's new state lithium company is expected to need technical support.

From Reuters

Senator Rand Paul of Kentucky fretted over Common Core, a long-forgotten concern about the nationalization of school curriculums.

From New York Times

Boric said the state would take a controlling interest in each partnership, leading some to call it a nationalization of the industry, while others disagreed.

From Seattle Times