nationalised industry
Definition
noun
an industry which was privately owned, but is now owned by the state
Use this term in a sentence
“ You should try and make sure that you know how a company becoming a nationalised industry may change them and adjust to it. ”
“ Our company CEO was irate to learn that our subsidiary in Cambodia had been taken over by the government and was now a nationalised industry. ”
“ Previously, the food production industry was run by Jones, Inc., but the government of Russia decided to intervene and demand that they have control of this in a nationalised industry. ”
