nationalize nationalize  /ˈnæ ʃə nə ˌlaɪz/

Definition(s):

  1. (v) put under state control or ownership
  2. (v) make national in character or scope

Synonym(s)

Usage(s):

  1. This is the state of our great republic: We've nationalized the financial system , taking control from Wall Street bankers we no longer trust.
  2. The Koran says, do not nationalize other people's property.
  3. Viewpoint: As Washington rushes to nationalize troubled parts of the economy, the inescapable reality is that we're all French now.

News

  • Bank Meltdown Worsens

    The meltdown in the Irish banking stocks after the government nationalized Anglo Irish Bank is an extraordinary feature of the economic recession in Ireland.
    on June 28, 2013     Source: Irish Central

Quotes

  1. "I don't see any reason to destroy the franchise value or to create the huge legal uncertainties of trying to formally nationalize a bank when that just isn't necessary," Mr. Bernanke told the Senate Banking Committee.
    on Feb 24, 2009 By: Ben Bernanke Source: Wall Street Journal

  2. Greenspan told the Financial Times, "It may be necessary to temporarily nationalize some banks in order to facilitate a swift and orderly restructuring. I understand that once in a hundred years this is what you do."
    on Feb 21, 2009 By: Alan Greenspan Source: FOXNews

  3. "The world's changed since last year," Duncan said Thursday, when asked to explain the about face. "It's a much different world than last year. I never imagined a George Bush administration would nationalize banks. I never thought I'd see...
    on Mar 26, 2009 By: Dwight Duncan Source: Calgary Herald

Word of the Day
fathom fathom
/ˈfæ ðəm /