Also means
to naturalise
Usage Note
Nacionalizar has two distinct senses: to bring a private industry under state ownership (nationalise) and to grant citizenship to a foreigner (to naturalise). Context distinguishes them: nacionalizar una empresa (nationalise a company) vs nacionalizar a un inmigrante (naturalise an immigrant). The related noun is nacionalización.
Examples
"El gobierno decidió nacionalizar la empresa petrolera."
Natural Translation
The government decided to nationalise the oil company.

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