Nationalisation vs Privatization - What's the difference?
nationalisation | privatization |
The act or process of nationalizing:
# The act or process of making or becoming a nation.
# The act of taking formerly private assets into public or (l).
# The act of becoming nationalistic.
#* 2006 , Catherine Davies, ?Claire Brewster, ?Hilary Owen, South American Independence, page 185:
The transfer of a company or organization from government to private ownership and control.
*
Privatization is a antonym of nationalisation.
As nouns the difference between nationalisation and privatization
is that nationalisation is the act or process of nationalizing while privatization is the transfer of a company or organization from government to private ownership and control.nationalisation
English
(wikipedia nationalisation)Alternative forms
* (l) (American and Oxford British spelling)Noun
(en noun)- the nationalization of India