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
3 April 2025
WHOLE
(noun) an assemblage of parts that is regarded as a single entity; “how big is that part compared to the whole?”; “the team is a unit”
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