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English definition of “stabilization”

stabilization

noun [U] ( UK also stabilisation)
 
 
/ˌsteɪbəlaɪˈzeɪʃən/
ECONOMICS, POLITICS the fact of something such as an economy or system becoming able to continue in a regular and successful way without unexpected changes: economic/financial stabilization They view a tight budget as key to financial stabilization. stabilization programs/plans/policies
ECONOMICS, FINANCE the fact of prices or rates starting to remain at about the same level, rather than changing a lot: price/currency/rate stabilization The proposal would ensure a rapid price stabilization.
(Definition of stabilization from the Cambridge Business English Dictionary © Cambridge University Press)
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