What is definition of nationalised bank?

Question

What is definition of nationalised bank?

Answer 1

Nationalised bank is the government bank that is the repository of all deposits payable to the government.

Answer 2

A nationalized bank would be the opposite of a bank like the Federal Reserve, which is privately owned and operated for the purpose of making a profit off of the American people.

A treasury would be a nationalized bank in a way. Where the government coins the money and regulates the value thereof like its supposed to instead of giving that job to a bunch of thieves.

Answer 3

It is a bank that has been taken over by the government - in other words, it is no longer privately owned.

Answer 4

Nationalization, also spelled nationalisation, is the act by which a nation takes possession of assets without requiring the owner's consent, with or without payment of compensation. therefore if a bank is nationalized, it means it is seize by the government.