marketization

noun mar·ket·i·za·tion \ˌmär-kə-tə-ˈzā-shən\

Definition of marketization

  1. :  the act or process of entering into, participating in, or introducing a free market economy

1961

First Known Use of marketization

1961


Seen and Heard

What made you want to look up marketization? Please tell us where you read or heard it (including the quote, if possible).

WORD OF THE DAY

to trick or confuse (someone)

Get Word of the Day daily email!