MARKETIZATION

Etymology

Noun

marketization (plural marketizations)

The exposure of service industries to market forces.

A restructuring process that enables state enterprises to operate as market-oriented firms by changing the legal environment in which they operate.

Source: Wiktionary



RESET




Word of the Day

2 July 2025

RESTITUTION

(noun) getting something back again; “upon the restitution of the book to its rightful owner the child was given a tongue lashing”


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Coffee Trivia

Brazil is the largest coffee producer in the world. Each year Brazil exports more than 44 million bags of coffee. Vietnam follows at exporting over 27 million bags each year.

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