verb
- to return (a previously privatized industry or company) to government ownership and control
Usage: economics; politics
Examples
- The new government promised to renationalize the railway system.
- Many voters supported the plan to renationalize key utilities.
- The country decided to renationalize its oil industry after years of private control.
- Opposition parties criticized the decision to renationalize the airline.
- The economic crisis led to calls to renationalize several major banks.
- It would be expensive to renationalize the telecommunications sector.