Denationalization (noun)

1. The act of reversing or undoing nationalization, i.e. the process of transferring ownership from the state to private individuals or corporations.
2. The process of removing the national character or identity from a particular asset or organization.

Origin:

Derived from the prefix 'de-' meaning 'reverse' or 'undo' and the noun 'nationalization,' which refers to the act of making something the property of a nation or the state.

Examples:

1. The government's decision to denationalize the state-owned steel mill was met with opposition from workers.
2. The denationalization of the telecom sector was expected to bring in more foreign investment and improve services.
3. The denationalization of several public utilities was a key aspect of the country's economic liberalization program.
4. The denationalization of banks helped to increase competition and improve efficiency in the banking sector.
5. The denationalization of natural resources sparked controversies and debates over the fair distribution of resources.