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English definition of “nationalize”

nationalize

verb [T] uk (UK usually nationalise)   /ˈnæʃ.ən.əl.aɪz/ /ˈnæʃ.nə.laɪz/ us  
(of a government) to take control of a business or industry: The government recently nationalized the railways. Politics
nationalization
noun [U] uk (UK usually nationalisation)   /ˌnæʃ.ən.əl.aɪˈzeɪ.ʃən/ /ˌnæʃ.nə.laɪ-/ us  
Nationalization of agriculture is on the government's agenda.Politics
(Definition of nationalize from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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