verb
- to transfer (an industry or service) from government ownership or control to private ownership
Usage: often used in economics and politics
Examples
- The government decided to denationalize the railway system.
- Many countries denationalized their telecommunications industries in the 1990s.
- The policy aimed to denationalize state-owned enterprises.
- Critics argued that denationalizing healthcare would reduce access.
- The new administration promised to denationalize several key industries.
- Economists debated whether to denationalize the postal service.