noun
US/ˌnæʃ.ə.nə.lɪˈzeɪ.ʃən/
UK/ˌnæʃ.ə.nə.laɪˈzeɪ.ʃən/
When a government takes control of a private company or industry and makes it state-owned.
In context
The nationalization of the railways caused a long political argument.
Short entry. Full notes coming.