Realization Definition
rēə-lĭ-zāshən
noun
A realizing or being realized.
Webster's New World
Something realized.
Webster's New World
The result of realizing.
American Heritage
A transformation of non-monetary assets into cash; a transaction such as a property sale that impacts upon the taxpayer’s wealth to the extent that it may trigger the imposition of an income tax. If the tax is, in fact, imposed, the transaction is said to be recognized. See also recognition.
Webster's New World Law
Other Word Forms of Realization
Noun
Singular:
realizationPlural:
realizations
Realization Is Also Mentioned In
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