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public ownership
noun
ownership by the state; nationalization
Example Sentences
The legislation needed to establish the new body is still due to go through parliament, but some services have already been transferred into public ownership as franchises held by private companies start to expire.
The 350-acre site is one of Northern Ireland's largest development sites in public ownership.
He has advocated for public ownership of the retail electricity supply, claiming some firms have "no interest" in helping those being billed incorrectly.
But ministers do not see public ownership as a long-term solution and have repeatedly said they are confident they will find another commercial partner to take on the ownership of British Steel.
SWR was the first operator brought into public ownership by the Labour government in May, with a second train company, c2c, nationalised by Labour on Sunday.
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