'nationalize' originates from the word 'nation,' which comes from Latin 'natio,' meaning 'birth, tribe, nation.' The suffix '-ize' is used to form verbs indicating a process or transformation.

'nation' transformed from the Latin word 'natio' and eventually became the modern English word 'nation.' The verb form 'nationalize' was created by adding the suffix '-ize.'

Initially, it meant 'to make national,' but over time it evolved into its current meaning of 'to transfer to state ownership.'