American English

Definition of nationalize verb from the Oxford Advanced American Dictionary

 

nationalize

 verb
verb
NAmE//ˈnæʃənəˌlaɪz//
 
nationalize somethingVerb Forms present simple I / you / we / they nationalize
 
he / she / it nationalizes
 
past simple nationalized
 
-ing form nationalizing
 
 
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to put an industry or a company under the control of the government, which becomes its owner The government announced plans to nationalize the public transportation system. nationalized industries opposite denationalize, privatize
nationalization
 
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NAmE//ˌnæʃənələˈzeɪʃn//
 
noun [uncountable, countable]
See the Oxford Advanced Learner's Dictionary entry: nationalize