Outrageously Funny Word Dictionary :: Nationalizes

👉 The term "nationalizes" is a legal concept that refers to the process of transferring property or rights from one country or organization to another. This can involve taking over ownership, controlling management, and sometimes even changing the name of an entity. In some countries, this can be done through legislation or through agreements between two governments, where the new owner agrees to pay a certain amount of money to the previous owner. The nationalized entity may also have its assets and liabilities transferred to the new owners in

nationalizes