(~s, nationalizing, ~d)
Note: in BRIT, also use 'nationalise'
If a government ~s a private company or industry, that company or industry becomes owned by the state and controlled by the government. (BUSINESS)
In 1987, Garcia introduced legislation to ~ Peru’s banking and financial systems...
? privatize
VERB: V n
nationalization (nationalizations)
...the campaign for the nationalization of the coal mines...
The steel workers were relatively indifferent to the issue of nationalization.
? privatization
N-UNCOUNT: also N in pl