governmentalize

/ˌɡʌvərnˈmɛntəlaɪz/
verb
  1. To bring something under the control or ownership of a government.
    • The company was governmentalized after the financial crisis.
    • Some citizens worry that the plan will governmentalize local schools.
    • The new law seeks to governmentalize the healthcare system.
What does "governmentalize" mean? | whatsthatwordmean | whatsthatwordmean