Meaning & use
Nationalize
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.
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