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English definition of “maturation”

maturation

noun [U] uk   /ˌmæt.jʊəˈreɪ.ʃən/ us    /-jʊ-/ formal

maturation noun [U] (BUSINESS)

specialized business the process of a market , industry, etc. no longer growing as fast as it did when it was new: Some experts believe we are now seeing the maturation of the computer industry.
(Definition of maturation from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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