renationalizing

/riːˈnæʃənəlaɪzɪŋ/
verb
  1. Present participle of renationalize: the process of transferring (an industry or business) back from private to government ownership.
    • They faced strong opposition while renationalizing the steel mills.
    • Renationalizing the energy sector has been a major topic in the election campaign.
    • The government is currently renationalizing the country's largest railway company.
noun
  1. The act or process of bringing an industry or business back under government control.
    • Many citizens support the renationalizing of essential public services.
    • The debate over renationalizing has divided the country.
    • The renationalizing of the banking system took several years to complete.