{f} put under private control; place under private ownership, transfer from public to private ownership; deprive of national status (also denationalise)
To transfer the control and ownership of an industry from government to private hands; to privatize
de·na·tion·al·ize denationalizes denationalizing denationalized in BRIT, also use denationalise To denationalize an industry or business means to transfer it into private ownership so that it is no longer owned and controlled by the state. The government started to denationalize financial institutions = privatize nationalize + denationalization de·na·tion·ali·za·tion the denationalisation of industry. = privatization. to sell a business or industry that is owned by the state, so that it is then owned privately = privatize nationalize