What is your definition of "socialism"?

Question

(not from a dictionnary, your own definition)

Answer 1

Abolition of social class and money is used to help all people rather then make a few insanely rich.

Answer 2

The government takes over and owns some service-sector businesses with the intent of managing them better.
Like France did to their airline and auto industry,( although they have since privatized them back out of government control.)

I absolutely oppose the sloppy rhetoric that attempts to say that taxes and government provided public services are socialism.