Denationalization
/ˌdiːˌnæʃnəlaɪˈzeɪʃən/
Definitions
- (n.) The process of transferring property or industries from government control back to private ownership.
The denationalization of the railway system led to increased efficiency and innovation.
Forms
- denationalisation
Related terms
See also
Commentary
Denationalization typically involves legislative or executive acts reversing prior nationalization; clarity is key to distinguish it from privatization in drafting.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.