renationalizes

/riːˈnæʃənəlaɪzɪz/
verb
  1. Third person singular present tense of renationalize: transfers (an industry or business) back from private to government ownership.
    • The government renationalizes the airline after years of private losses.
    • Our constitution allows the state to renationalize certain strategic industries.
    • The new law renationalizes the country's telecommunications network.
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