Statization definition

Statization in this text means the taking over of private companies (owned by national or foreign interests) by the federal or a state government. This is different from “nationalization”, which might imply either statization or the imposition by legislation that companies may remain private but cannot be controlled by foreign owners.

Related to Statization

  • Weatherization means building insulation (for attic, exterior walls and crawl space), siding to improve energy efficiency, replacement storm windows, replacement storm doors, replacement windows and replacement doors, and is considered a major system for rehabilitation.

  • Sanitization means the procedure that reduces the level of microbial contamination so that the item or surface is considered safe.

  • Stormwater management planning agency means a public body authorized by legislation to prepare stormwater management plans.

  • Centralized prescription processing means the processing by a pharmacy of a request from another pharmacy to fill or refill a prescription drug order or to perform processing functions such as dispensing, drug utilization review, claims adjudication, refill authorizations, and therapeutic interventions.

  • Transient guest means a natural person staying less than 30 consecutive days.