Penalizing rhymes with:
analyzing, criminalizing, denationalizing, finalizing, marginalizing, nationalizing, personalizing, rationalizing, reanalysing, analyzing, brutalizing, cannibalizing, capitalizing, centralizing, commercializing, criminalizing, crystallizing, decentralizing, demobilizing, demoralizing, denationalizing, departmentalizing, destabilizing, editorializing, equalizing, federalizing, fertilizing, finalizing, formalizing, generalizing, hydrolyzing, idolizing, immobilizing, industrializing, legalizing, liberalizing, marginalizing, materializing, mobilizing, monopolizing, moralizing, nationalizing, naturalizing, neutralizing, normalizing, paralyzing, personalizing, rationalizing, reanalysing, recapitalizing, revitalizing, self-fertilizing, socializing, specializing, stabilizing, sterilizing, symbolizing, tantalizing, tranquilizing, trivializing, utilizing, vandalizing, verbalizing, visualizing