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Longman Dictionary English

Word family noun nation national multinational nationalism nationalist nationality nationalization nationhood international internationalism internationalist internationalization adjective national international multinational nationalist nationalistic nationalized internationalist verb nationalize internationalize adverb nationally internationally
From Longman Dictionary of Contemporary English
Related topics: Economics, Government
nationalizena‧tion‧al‧ize (also nationalise British English) /ˈnæʃənəlaɪz/ verb [transitive] PEPGif a government nationalizes a very large industry such as water, gas, or the railways, it buys it or takes control of it → privatize The British government nationalized the railways in 1948. a nationalised industry —nationalization /ˌnæʃənəlaɪˈzeɪʃən $ -nələ-/ noun [countable, uncountable]
→ See Verb table
Examples from the Corpus
nationalize• Education and health, as well as land, were immediately nationalized.• The mines were nationalized by the Labour Party.• In nineteen ninety four uh it was almost like a mini presidential election, it was the first nationalized congressional election.• Castro speeded up his land reforms and began to nationalize foreign holdings in Cuba.• Mexico's vast oil reserves were nationalized in 1938.• This change in status is implicit in discussions of whether the U. S. Government had the constitutional power to nationalize leprosy.• Their fundamental concern is the maintenance and expansion of their own material privileges on the basis of nationalized property.• But, in retrospect, perhaps I overstated the case by proposing that we nationalize the banks.• In 1956 Nasser nationalized the Suez Canal.
From Longman Business Dictionarynationalizena‧tion‧al‧ize /ˈnæʃənəlaɪz/ (also nationalise British English) verb [transitive]ECONOMICS if a government nationalizes a company or industry, it brings it under state controlThe British government nationalised the railways in 1948. → compare privatize —nationalized adjectivethe nationalised water industry→ See Verb table
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