C1verbUK spelling: nationaliseformalpoliticsbusiness
US/ˈnæʃ.ən.əl.aɪz/
UK/ˈnæʃ.ən.əl.aɪz/
to bring a private company or industry under government ownership
In context
The government decided to nationalize the failing railway company.
Several banks were nationalized during the financial crisis.
Critics fear that nationalizing the industry will raise taxes.
Words that go with nationalize
verb + noun
- nationalize a bankThe state had to nationalize a major bank.
- nationalize an industryThe party promised to nationalize the energy industry.
- nationalize the railwaysVoters want to nationalize the railways.
- nationalize oilThe president announced a plan to nationalize oil.
- nationalize the minesThe government threatened to nationalize the mines.