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What does nationalisation mean?

Looking for the meaning or definition of the word nationalisation? Here's what it means.

Noun
  1. The act or process of nationalising:
    1. The act or process of making or becoming a nation.
    2. The act of taking formerly private assets into public or state ownership.
    3. The act of becoming nationalistic.
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Examples
We believe that nationalisation of the banks is a necessary accompaniment to such monetisation.
Somewhere between nationalisation and privatisation, the famous Third Way has now been discovered.
He fought innumerable cases of high order, such as the cases against nationalisation of banks and for abolition of privy purses.
See articleBolivia's socialist president, Evo Morales, led troops into a tin smelter and declared its nationalisation.
After nationalisation, however, it was forcefully depleted and deteriorated more and more: this is an undeniable fact.
They demanded the nationalisation of the mines and the expropriation of the landlords.

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