Webster's Revised Unabridged Dictionary · 1913

nationalize

nationalize , transitive verb

[Compare French nationaliser.]

1.
To make national; to make a nation of; to endow with the character and habits of a nation, or the peculiar sentiments and attachment of citizens of a nation.
2.
To change ownership of (a business, a property) from private ownership to state ownership or control; as, to nationalize the steel industry.