Denationalisation (Noun)
Meaning
Changing something from state to private ownership or control.
Classification
Nouns denoting acts or actions.
Examples
- The government's plan for denationalisation of key industries sparked intense debate among lawmakers and citizens alike.
- Critics argued that the denationalisation of the railways would lead to increased fares and decreased services for rural areas.
- The company's purchase of the state-owned telecommunications firm marked the largest denationalisation deal in the country's history.
- Proponents of denationalisation claimed it would bring much-needed efficiency and innovation to stagnant state-run enterprises.
- The wave of denationalisation sweeping across Eastern Europe led to the rapid privatisation of state-owned assets and industries.