Usually means: Government takes ownership of companies.
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We found 11 dictionaries that define the word nationalizes:

General (9 matching dictionaries)
  1. nationalizes: Merriam-Webster
  2. nationalizes: Collins English Dictionary
  3. nationalizes: Vocabulary.com
  4. Nationalizes, nationalizes: Wordnik
  5. nationalizes: Cambridge Advanced Learner's Dictionary
  6. nationalizes: Wiktionary
  7. nationalizes: Dictionary.com
  8. nationalizes: Cambridge Essential American English Dictionary
  9. nationalizes: TheFreeDictionary.com

Business (2 matching dictionaries)
  1. nationalizes: Merriam-Webster Legal Dictionary
  2. nationalizes: Legal dictionary

(Note: See nationalize as well.)

Definitions from Wiktionary (nationalize)

verb:  (rare) To make into, or to become, a nation.
verb:  To bring a private company, or an industry comprising such companies, under the control of a specific government.
verb:  To bring a concept such as a political issue or commercial campaign to the attention of the entire country.
verb:  (politics) To change from having local and regional variation to being national in character and scope.
verb:  (archaic) 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.
▸ Also see nationalize


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