verb

nationalize

nationalise

The government decided to nationalize the railways.

The government decided to nationalise the railways.

They plan to nationalize the oil industry.

They plan to nationalise the oil industry.

((sth.)) to transfer (sth.) from private to state ownership The government plans to nationalise the banks.

Synonyms: socialize, state-run; Antonyms: privatize

From 'nation' + '-al' (adjective suffix) + '-ize' (verb suffix), literally meaning 'to make into a nation's property'.

Think of a 'nation' taking control (taking the 'size') of an industry.

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