Meaning & use

Nationalize

verb·Advanced

Last updated

To transfer ownership or control of an industry, company, or resource from private hands to the state.

See it in a sentence

The government moved to nationalize the country's oil fields after decades of foreign ownership.

Critics warned that plans to nationalize the railways would scare off private investors.

A note on using this word

In British English it is often spelled 'nationalise'; both spellings appear in international news coverage.

Words with a similar meaning

Choose a synonym to suit the sentence. Meanings can overlap without being identical.

Words with an opposite meaning

privatizedenationalize

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