Renationalize
Pronunciation: /riːˈnæʃənəˌlaɪz/
Renationalize (verb)
- To take a company or service back under government ownership after it was privately owned.
- To change a system so the government runs it again, instead of private groups.
Examples
- The government renationalize the service to return to state control.
- They renationalize the company so it can return to state ownership.