na‧tion‧al‧ize (also nationalise British English) /ˈnæʃənəlaɪz/ verb [transitive]
[Word Family: noun: nation, national, multinational, nationalism, nationalist, nationality, nationalization, nationhood, international, internationalism, internationalist, internationalization; adjective: national, international, multinational, nationalist, nationalistic, nationalized, internationalist; verb: nationalize, internationalize; adverb: nationally, internationally]
if a government nationalizes a very large industry such as water, gas, or the railways, it buys it or takes control of it ⇒ privatize:
The British government nationalized the railways in 1948.
a nationalised industry
—nationalization /ˌnæʃənəlaɪˈzeɪʃən $ -nələ-/ noun [uncountable and countable]

[TahlilGaran] Dictionary of Contemporary English ▲