from
The Collaborative International Dictionary of English v.0.48
Denationalize \De*na"tion*al*ize\, v. t. [imp. & p. p.
{Denationalized}; p. pr. & vb. n. {Denationalizing}.] [Cf. F.
d['e]nationaliser.]
1. To divest or deprive of national character or rights.
[1913 Webster]
Bonaparte's decree denationalizes, as he calls it,
all ships that have touched at a British port.
--Cobbett.
[1913 Webster]
An expatriated, denationalized race. --G. Eliot.
[1913 Webster]
2. to change (something, as an industry or business) from
state to private ownership or control; as, the British
denationalization of steel.
Syn: privatize, denationalise.
[WordNet 1.5]