globalization Definition in Business English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Definition of "globalization" - Business English Dictionary

See all translations

globalization

noun [U] ( UK also globalisation)
 
 
/ˌɡləʊbəlaɪˈzeɪʃən/ COMMERCE, ECONOMICS
the way in which economies have been developing to operate together as one system: We must take advantage of the increased globalization of the commodity trading business.
the process by which particular goods and services, or social and cultural influences, gradually become similar in all parts of the world: The globalization of politics coincided with the use of US political consultants by Western democracies.
(Definition of globalization from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of globalization?
Add Cambridge dictionaries to your browser to your website

Definitions of “globalization” in other dictionaries

Word of the Day
truth

the quality of being true

Word of the Day

July 4th, Bastille Day, and the language of revolution.
July 4th, Bastille Day, and the language of revolution.
by Liz Walter,
July 01, 2015
With America’s Independence Day on the 4th and France’s Bastille Day on the 14th, July certainly has a revolutionary theme, so this blog looks at words and phrases we use to talk about the dramatic and nation-changing events that these days celebrate. In particular, it focuses on one of the most important

Read More 

burger noun
burger noun
June 29, 2015
a menu on a computer screen comprising three short parallel horizontal lines which the user clicks to see options Definitely use a burger. You could put the settings in the burger menu too. Fix the settings to the bottom of the burger menu and use a vertically scrolling contact list that scrolls behind

Read More