Nationalize

usgb/ˈnæʃnəlaɪz/
verb

When a government takes ownership of a private business or industry.

The government decided to nationalize the coal mines.
Visual representation of "nationalize" - When a government takes ownership of a private business or industry.

Often appears as...

  • nationalize the industry
  • nationalize the banks

Usage tips

Political

Definition 1 of 2
Visual representation of "nationalize"
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Government Control

Use 'nationalize' when a government takes direct control of services or businesses from private hands.

Illustration for Government Control
The new policy will nationalize internet service providers.
LampPro Tip 2/3

Major Industries

'Nationalize' often applies to major industries like transportation, energy, or healthcare.

Illustration for Major Industries
The campaign promises to nationalize transportation for better public access.
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Controversial Action

Nationalizing something can be controversial, suggesting debate about government vs. private control.

Illustration for Controversial Action
Citizens debated whether to nationalize the banking sector.
Visual representation of the word "Nationalize"

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