renationalisation

Returning to government

Renationalisation is the return of privatised industries or assets to government ownership.

The word implies a reversal—something was once nationalised, then privatised, now nationalised again: The Labour manifesto promised renationalisation of the railways.

Common targets include utilities, transport, and healthcare services.

Also spelled renationalization.

economic

public ownership

State-held property or enterprise

infrastructure · utilities · railways · energy sector · telecommunications · water supply · postal service · natural resources · strategic assets · public good

process

expropriation

Government taking private property

buyback · compulsory purchase · legal framework · valuation · transition · administration · integration · restructuring · due diligence · government bond

political

legislation

Official enactment of statutes

policy reversal · public debate · left-wing · Labour · socialist policy · democratic control · accountability · public mandate · parliamentary vote · political movement

antonym

privatisation

Transfer from state ownership

marketisation · commercialisation · outsourcing · divestiture · sell-off · corporatisation · private sector · free market · competition · Thatcherism

Opposites
ownership direction

renationalisationprivatisation

Transfer from state ownership

privatization · denationalisation · denationalization · selling off · divestiture

economic ideology

renationalisationlaissez-faire

Noninterference in commerce

neoliberalism · Thatcherism · Reaganomics · private enterprise · marketization

Family

nation, nations, national, nationals, nationally, nationalise, nationalize, nationalised, nationalized

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