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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
After nationalisation, however, it was forcefully depleted and deteriorated more and more: this is an undeniable fact.
He fought innumerable cases of high order, such as the cases against nationalisation of banks and for abolition of privy purses.
They demanded the nationalisation of the mines and the expropriation of the landlords.
It was an unequivocal plea for land nationalisation and the abolition of private ownership of land.
Yes campaigners are pushing back against firms saying they may move operations out of Scotland if it secedes by threatening nationalisation.
They oppose industrial policy, nationalisation and protectionism.

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