renationalizePronunciation: /riːˈnaʃ(ə)n(ə)lʌɪz/ (also renationalise)Definition of renationalize verb [with object] transfer (a privatized industry) back into state ownership or control. Derivatives renationalizationPronunciation: /-ˈzeɪʃ(ə)n/ noun renationalize in other Oxford dictionaries Definition of renationalize in the US English dictionary