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

20 January 2025

CHELICERA

(noun) either of the first pair of fang-like appendages near the mouth of an arachnid; often modified for grasping and piercing


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Coffee Trivia

According to WorldAtlas, Finland is the biggest coffee consumer in the entire world. The average Finn will consume 12 kg of coffee each year.

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