nationalization
noun /ˌnæʃnəlaɪˈzeɪʃn/
/ˌnæʃnələˈzeɪʃn/
(British English also nationalisation)
[uncountable, countable]- the process of putting an industry or a company under the control of the government, which becomes its owner opposite denationalizationdenationalisation, privatizationprivatisation