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The term "nominalisation" refers to producing a noun from another part of speech by adding a derivational affix. A grammatical expression is turned into a noun phrase when we nominalise a sentence.
Example:
(A) After 1885, trade with Europe grew. (Verb)
(B) After 1885, there was a growth in trade with Europe. (Noun)
In sentence B, we have used the word 'growth' which is the noun form of the verb 'grow', by adding the suffix'  th'.
Nominalisation can be done in three different ways.
1. We can add suffixes like -ment, -tion, -sion, -ness, -ation, -ity, -al to verbs and adjectives.
Example:
admire – admiration

arrive – arrival

careless – carelessness

fail – failure

include – inclusion

intense – intensity

punish – punishment

2. Some words are turned into nouns without any adding suffix.
Example:

bleed – blood

lose – loss

prove – proof

sell – sale

speak – speech

3. Some words do not undergo any change when they are used as nouns.
Example:

attempt – attempt

change – change

control – control