1.
nationalization
the transfer of private enterprises or assets to government ownership
銀行の国有化が検討された。
Nationalization of banks was considered.
石油産業を国有化する。
To nationalize the oil industry.
経済危機で国有化が進んだ。
Nationalization advanced during the economic crisis.
国有化 is the opposite of 民営化 (privatization).
KANJI BREAKDOWN:
- 国 (country, nation)
- 有 (have, possess)
- 化 (-ization, change into)
USAGE:
- 国有化する (to nationalize - suru verb)
- 国有化される (to be nationalized)
COMMON COLLOCATIONS:
- 銀行の国有化 (nationalization of banks)
- 土地の国有化 (nationalization of land)
- 一時国有化 (temporary nationalization)
RELATED TERMS:
- 民営化 (privatization - opposite)
- 国有 (state-owned)
- 国営 (state-operated)
Related Words
Antonym:
民営化 (privatization)