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maturation
/ˌmætjʊəˈreɪʃən/
/ˌmætʃəˈreɪʃən/ noun [U] formalDefinition
› ECONOMICS, MARKETING a stage in the development of a market, industry, etc. when it is 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 noun from the Cambridge Business English Dictionary
© Cambridge University Press)
Focus on the pronunciation of maturation
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