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English definition of “realization”

realization

noun uk (UK usually realisation)   /ˌrɪə.laɪˈzeɪ.ʃən/ us    /ˌriː.ə.lə-/

realization noun (BECOMING AWARE)

C1 [C usually singular] the fact or moment of starting to understand a situation: [+ that] The realization was dawning that this was a major disaster.

realization noun (ACHIEVEMENT)

C2 [U] the act or moment of achieving something you planned to do or hoped for: To win the Olympic gold medal was the realization of his life's dream.

realization noun (MONEY)

[U] specialized finance & economics the act of getting money by selling something: Even the realization of all his assets would not be enough to prevent financial ruin.
(Definition of realization from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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