Meaning of the word nationalize in English
What does nationalize mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
nationalize
US /ˈnæʃ.ən.əl.aɪz/
UK /ˈnæʃ.ən.əl.aɪz/
Verb
to transfer a major branch of industry or commerce from private to state ownership or control
Example:
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The government decided to nationalize the country's oil industry.
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There were fears that the new regime would nationalize foreign banks.