nationalization
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
When Venezuela booted out American oil companies in a nationalization campaign nearly two decades ago, China stepped in.
The driller was one of several multinational oil companies that rushed back into Venezuela in the mid-1990s, 20 years after nationalization boxed them out of the country.
Caracas’s 1976 nationalization of its oil industry, affecting Exxon, Gulf Oil and other U.S. and European companies, effectively ended a half-century of foreign supremacy of the sector.
The oil major was awarded $10.5 billion plus interest by an international court after the nationalization of Venezuela’s oil industry in 2007.
From MarketWatch
Either way, the election will close out an economic experiment marked by initial prosperity funded by Morales's nationalization of gas reserves.
From Barron's
From Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.