renationalize
verb
renationalized;
renationalizing
Definition of renationalize
: to nationalize (something) again : to place (a private industry) back under the control or ownership of the national government
Over the past five years, about a third of Russia's oil production has been effectively renationalized …— Fred Weir Nine banks were renationalized; two of them have been privatized once again and the rest will be sold off when their bad-debt problems have been cleaned up.— Robert Collier
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