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
Recent Word Finds
Word of the Day
23 June 2025
PEOPLE
(noun) members of a family line; “his people have been farmers for generations”; “are your people still alive?”
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