DENATIONALISE Meaning and
Definition
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Denationalise is a verb that describes the act of transferring ownership or control of a company, industry, or institution from the hands of the government to private ownership or control. It involves changing the status of a nationalized entity to being privately owned or operated.
In denationalisation, the government relinquishes its ownership or control over previously nationalized assets or resources, thereby allowing private entities to take over their management and operations. This process is often accompanied by the privatization of state-owned businesses, utilities, or industries.
Denationalisation is typically driven by economic, political, or ideological motives. Proponents argue that it stimulates economic growth, promotes competition, and increases efficiency by reducing bureaucratic interference and encouraging private-sector innovation. It is believed that private ownership induces greater accountability, enhances productivity, and provides better quality services to consumers.
Consequently, denationalisation may involve selling shares of a previously nationalized company to the public, offering them to private investors or strategic partners, or even granting existing employees the chance to become shareholders. The process can also include the restructuring of an industry, deregulation of markets, and the introduction of competition to sectors that were previously monopolized by the state.
Overall, denationalisation is a policy that aims to transfer public assets into private hands, with the expectation that it will lead to increased efficiency, economic growth, and market liberalization.
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To deprive of national character or rights.
Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.
Common Misspellings for DENATIONALISE
- senationalise
- xenationalise
- cenationalise
- fenationalise
- renationalise
- eenationalise
- dwnationalise
- dsnationalise
- ddnationalise
- drnationalise
- d4nationalise
- d3nationalise
- debationalise
- demationalise
- dejationalise
- dehationalise
- denztionalise
- denstionalise
- denwtionalise
Etymology of DENATIONALISE
The word "denationalise" is formed by combining the prefix "de-" meaning "remove" or "reverse" and the word "nationalise" which means "to bring under state ownership or control". The etymology of "nationalise" can be traced to the word "national", which comes from the Latin word "natio" meaning "nation" or "people". "Nationalise" was first used in English in the mid-19th century, during a time when the concept of state ownership or control over industries gained prominence. The prefix "de-" in "denationalise" intensifies the opposite action of "nationalise", indicating a reversal or removal of state ownership or control.
Similar spelling word for DENATIONALISE
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