from
The Collaborative International Dictionary of English v.0.48
nationalize \na"tion*al*ize\, v. t. [imp. & p. p.
{Nationalized}; p. pr. & vb. n. {Nationalizing}.] [Cf. F.
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.
[1913 Webster]
2. To change ownership of (a business, a property) from
private ownership to state ownership or control; as, to
nationalize the steel industry.
[PJC]