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nationalized enterprise

[/ˈnæʃənəlaɪzd ˈɛntərpraɪz/]
nounpl: nationalized enterprises
empresa nacionalizada
1. A business or industrial concern that has been brought under state ownership and control, typically through government expropriation or acquisition
The government converted the oil company into a nationalized enterprise to ensure public control of natural resources.
O governo converteu a empresa petrolífera em uma empresa nacionalizada para garantir o controle público dos recursos naturais.
2. An organization previously in private ownership that is now owned and operated by the state or government
Several nationalized enterprises were established after the revolution to serve the public interest.
Várias empresas nacionalizadas foram estabelecidas após a revolução para servir ao interesse público.
Synonyms
state-owned enterprisegovernment-owned enterprisepublic enterprisestate enterprise
Antonyms
private enterpriseprivatized enterpriseindependent enterprise

Regional Variations

General Brazilian
empresa nacionalizada
standard usage in Brazilian Portuguese
São Paulo
empresa estatal nationalizada
may emphasize state control
Portugal
empresa nacionalizada
standard usage in European Portuguese

Related Idioms & Phrases

nationalization of industry
state control of enterprise
public ownership model
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