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English definition of “internalize”

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internalize

verb [T] ( UK also internalise)
 
 
/ɪnˈtɜːnəlaɪz/
ECONOMICS, PRODUCTION to include a cost during the process of manufacturing or producing something: The cost of pollution and other effects on the environment needs to be internalized and reflected in the price of goods or services, as well as normal production costs.
(Definition of internalize from the Cambridge Business English Dictionary © Cambridge University Press)
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