adjective
- brought under the ownership or control of the national government
Usage: often used to describe industries or services
Examples
- The nationalized healthcare system provides free medical care to all citizens.
- After the revolution, the oil industry was nationalized.
- Many European countries have nationalized railway systems.
- The government nationalized the failing banks during the financial crisis.
- Nationalized utilities are common in socialist countries.
- The nationalized steel company struggled with efficiency problems.