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English definition of “maturation”

maturation

noun [U]     /ˌmætjʊəˈreɪʃən/ US   /ˌmætʃəˈreɪʃən/ formal
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)
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