grabification

English

Etymology

Calque of Russian прихватизация (prixvatizacija). By surface analysis, grab +‎ -ification.

Noun

grabification (uncountable)

  1. (slang, derogatory, historical, uncommon) A term used to describe the corrupt, chaotic, and heavily rigged privatization of state-owned assets in Russia following the collapse of the Soviet Union in the 1990s.