denationalize
/diːˈnaʃ(ə)n(ə)lʌɪz
/(also denationalise)
verb [with object]
1Transfer (a nationalized industry or institution) from public to private ownership: an attempt to denationalize the state monopolies...
- In parallel, state-owned industry was rapidly denationalized and an army of unemployed established.
- Its advocates have urged African countries to privatize and denationalize a wide swath of government services and industries traditionally run by the state.
- Only a third of the economy has been denationalised, which is not considered enough by a long chalk.
2Deprive (a country or person) of nationality or national characteristics: a state that had been largely denationalized within the European Community (as adjective denationalized) would those denationalized persons reaffirm the need for separate states?...
- Brownell, a 1958 case, the Court rejected a constitutional challenge to a provision of the 1940 law that denationalized American citizens for voting in foreign elections.
Derivatives
denationalization
/ noun ...- ‘What is important to me is for the privatization process and the transition from one administration to another to proceed smoothly, maintaining at the same time the high quality and speed of denationalization,’ he said.
- So intense has been the heat generated by the vested interests opposing the denationalization of these two institutions that the matter has still not been sorted out.
- One option was to make restructuring of the holding group part of the privatisation, which means that its denationalisation would be delayed.
Origin
Early 19th century (in sense 2): from French dénationaliser (a word of the French Revolution), from dé- (expressing reversal) + nationaliser 'nationalize'.