Word forms: 3rd person singular presenttense denationalizes, present participle denationalizing, past tense, past participle denationalizedregional note: in BRIT, also use denationalise
verb
To denationalize an industry or business means to transfer it into private ownership so that it is no longer owned and controlled by the state.
[old-fashioned, business]
The government started to denationalize financial institutions. [VERB noun]
...his determination to denationalise state-owned companies. [VERB noun]