DENATIONALISED Meaning and
Definition
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Denationalised, also spelled as denationalized, is an adjective that refers to the process of transferring ownership or control of a company, industry, or sector from the control of the government to private or non-governmental ownership. It describes the state of a previously government-owned entity that becomes privately owned or controlled.
In economic terms, denationalisation can involve the sale or transfer of assets and operations that were once under state control to private individuals or organizations. This process is often carried out to promote competition and efficiency in a particular industry or sector by removing government interference while allowing the private sector to take over operations.
Denationalisation is commonly associated with a shift towards market-based or neoliberal economic policies, where governments scale back their ownership and control of businesses and instead focus on regulating and facilitating the functioning of the market.
The denationalisation of industries can lead to a range of outcomes and impacts. Proponents argue that it can lead to increased efficiency, innovation, and productivity due to the competitive pressures of the private sector. Critics, however, raise concerns about potential negative consequences such as loss of employment, reduced public control and influence, and increased inequality if essential services become unaffordable or inaccessible to certain population segments.
Overall, denationalised describes a transition from government ownership to private ownership, typically aimed at enhancing market forces and economic efficiency.
Common Misspellings for DENATIONALISED
- senationalised
- xenationalised
- cenationalised
- fenationalised
- renationalised
- eenationalised
- dwnationalised
- dsnationalised
- ddnationalised
- drnationalised
- d4nationalised
- d3nationalised
- debationalised
- demationalised
- dejationalised
- dehationalised
- denztionalised
- denstionalised
- denwtionalised
- denqtionalised
Etymology of DENATIONALISED
The word "denationalised" is derived from the verb "denationalize" which consists of two elements: "de-" and "nationalize".
The prefix "de-" is a common prefix in English and it is derived from the Latin preposition "de", meaning "off" or "down", which indicates reversal or removal.
The base word "nationalize" comes from the noun "nation" which refers to a large group of people who share history, culture, language, etc., and the suffix "-ize" which means "to make" or "to become". When "nation" is conjugated to "nationalize" as a verb, it means "to bring a business, industry, or resources under state or government control".
Therefore, "denationalize" means to reverse or remove the process of bringing something under state or government control. "Denationalised" is the past tense form of this verb.
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