Definition of "nationalize"
  1. The process by which a government takes over control or ownership of a specific resource or business
How to use "nationalize" in a sentence
  1. In order to stabilize the volatile banking sector, the government may decide to nationalize several major banks.
  2. Nationalize is often practiced during economic crises to prevent enterprises from collapsing.
  3. If the local utility company continues to fail, the government may choose to nationalize it to ensure reliable service.

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