Nationalise – When a government takes over and runs a private company, it is said to nationalise it

(Pronounced nash-uh-nuhl-ize)

The nation can utilise (nationalise) it's power to take ownership of a company.

Examples of nationalise in a sentence

In 1948 they decided to nationalise the Great Western Railway into British Railways. 

When they decided to nationalise the business many of the employees were outraged. 

The proposal to nationalise the bank was met with mixed opinions from the shareholders.