nationalize

/ˈnæʃ·ə·nəlˌɑɪz/ v [T]

Definition

› social studies to bring business, industry, or land under the control or ownership of the government: The program’s huge cost makes it unlikely that Congress will try to nationalize health care in the near future. nationalization /ˌnæʃ·ən·əl·əˈzeɪ·ʃən/, /-ɑɪˈzeɪ·ʃən/ n [U]

(Definition of nationalize v from the Cambridge Academic Content Dictionary © Cambridge University Press)