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nostrification (plural nostrifications)

  1. The process or act of granting recognition to a degree from a foreign university.
  2. The expropriation of foreign owned capital to domestic persons.
    • 2018, Quinn Slobodian, Globalists, 137:
      It was such acts of expropriating foreign-owned property—or what was called nostrification in postimperial Central Europe when the property was given to private nationals—that Hayek complained of in The Road to Serfdom.

Related terms[edit]