nationalization

verb (used with object), na·tion·al·ized, na·tion·al·iz·ing.

1. to bring under the ownership or control of a nation, as industries and land: a movement to nationalize the oil industry.
2. to make into a nation.
3. to naturalize.
4. to make national in extent or scope: a magazine article that nationalized a local problem.

verb (used without object), na·tion·al·ized, na·tion·al·iz·ing.

5. to become nationalized or naturalized: Those who remain in the country must nationalize.

verb (tr)

1. to put (an industry, resources, etc) under state control or ownership
2. to make national in scope, character, or status
3. a less common word for naturalize

n.1801, “act of rendering national in character,” from nationalize + -ation. Meaning “act of bringing (property) under control of the national government” is from 1874. v.1800, “invest with a national character,” from national + -ize. Meaning “bring under state control” is from 1869. Related: Nationalized; nationalizing. A government takeover of a private business. The taking over of private property by a national government.