denationalize

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de|na|tion|al|ize /d'iːn'æʃənəlaɪz/ (denationalizes denationalizing denationalized)
in BRIT, also use denationalise
[VERB] V n
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. (OLD-FASHIONED BUSINESS)
The government started to denationalize financial institutions...
= privatize
≠ nationalize
● denationalization [N-UNCOUNT]
...the denationalisation of industry.
= privatization

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