verb
- to transfer ownership or control of a private industry or company to the government
- to make someone a citizen of a particular nation
Examples
- The government decided to nationalize the oil industry.
- Many European countries nationalized their railways after World War II.
- The new administration plans to nationalize healthcare.
- After living here for ten years, she was able to nationalize as a citizen.
- The coal mines were nationalized in the 1940s.
- Some economists argue against nationalizing private banks.
- The process to nationalize took several months of paperwork.