na·tion·al·ize nationalizes nationalizing nationalized in BRIT, also use nationalise If a government nationalizes a private company or industry, that company or industry becomes owned by the state and controlled by the government. In 1987, Garcia introduced legislation to nationalize Peru's banking and financial systems privatize + nationalization nationalizations na·tion·ali·za·tion the campaign for the nationalization of the coal mines The steel workers were relatively indifferent to the issue of nationalization. privatization. if a government nationalizes a very large industry such as water, gas, or the railways, it buys it or takes control of it privatize
To make national; to make a nation of; to endow with the character and habits of a nation, or the peculiar sentiments and attachment of citizens of a nation
put under state control or ownership; "Mitterand nationalized the banks" make national in character or scope; "His heroic deeds were nationalized by the press