Word
liberalization
Phoneticslib·er·al·iza·tion
/ˌɫɪˌbɝəɫɪˈzeɪʃən/
UK spelling · liberalisation
Definition
n. the process of making a system or market less strict. It usually means removing rules or taxes to allow more freedom for businesses and people.
n. the process of reducing government intervention in an economy or society, typically by removing restrictions or tariffs. Often refers to the removal of legal or financial barriers to facilitate free trade or personal choice.
Examples
“The liberalization of the market led to lower prices for consumers.”
“Economists argue that the liberalization of the airline industry increased competition and improved safety standards across the region.”
“The gradual liberalization of the telecommunications sector allowed private companies to enter the market, ultimately leading to a significant expansion of high-speed internet access in rural areas.”
Examples
simple
“The liberalization of the market led to lower prices for consumers.”
contextual
“Economists argue that the liberalization of the airline industry increased competition and improved safety standards across the region.”
complex
“The gradual liberalization of the telecommunications sector allowed private companies to enter the market, ultimately leading to a significant expansion of high-speed internet access in rural areas.”
Real-World Examples
“The biggest mystery may be why Sonia, despite having the backing of her party and allies, declined the prime ministership and chose Manmohan Singh, the architect of India's economic liberalisation, instead.” “And the trade liberalization that followed worked, delivering enormous wealth to the U.S.” Etymology
From liberalize + -ation or liberal + -ization.
Etymology adapted from Wiktionary, available under CC BY-SA 4.0.
Domain
- Exam level
- CambridgeCambridgeCambridge English QualificationsThe exam suite from Cambridge University Press & Assessment, from A1 Movers up to C2 Proficiency. The benchmark names double as CEFR labels.C1 AdvancedIELTSIELTSInternational English Language Testing SystemThe 0–9 band test co-owned by the British Council, IDP, and Cambridge. Used for university entry, work, and migration.7.0–8.0TOEFL iBTTOEFL iBTTest of English as a Foreign Language, Internet-Based TestETS's academic English test, the standard route for US university admissions. Scored 0–120, with a 1–6 scale since 2026.1–6 scale: 5.0–5.595–113TOEICTOEICTest of English for International CommunicationETS's workplace English test, big in Japan and Korea. Listening & Reading scores 10–990 and tops out at C1.945–990
- Frequency
- Occasional
- Level
- C1 · Advanced
- Updated
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QR code
englishreference.com/q/liberalization