Nationalize
(verb)
- To bring under government control or ownership.
- To make something national in character or scope.
Origin:
From nation + -ize.
Examples:
- The government decided to nationalize the coal mines.
- The country nationalized its healthcare system to provide better access to medical care.
- The company was nationalized in an effort to improve its efficiency and profitability.
- The government's decision to nationalize the banks was met with strong resistance from the financial industry.
- The government's plan to nationalize the oil industry sparked a heated debate in parliament.