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globalization

[gloh-buh-luh-zey-shuh n] /ˌgloʊ bə ləˈzeɪ ʃən/
noun
1.
the act of globalizing, or extending to other or all parts of the world:
the globalization of manufacturing.
2.
worldwide integration and development:
Globablization has resulted in the loss of some individual cultural identities.
Also, especially British, globalisation.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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Examples from the web for globalisation
  • globalisation is the more or less simultaneous marketing and sale of identical goods and services around the world.
  • Sceptics charge that globalisation especially hurts poor workers in the developing countries.
  • Yet beneath the bandages, globalisation is thriving.
  • globalisation is entering a new phase, with emerging-market companies now competing furiously against rich-country ones.
  • Despite the boom, globalisation is one of the hottest issues around.
  • From there he was an early observer and commentator on the phenomenon of globalisation.
  • There are many components to the globalisation of art.
  • globalisation has vastly increased the opportunities for such business.
  • The world today is embroiled in an economic turmoil caused by the globalisation process.
  • But already a second phase of globalisation was starting to take shape.
British Dictionary definitions for globalisation

globalization

/ˌɡləʊbəlaɪˈzeɪʃən/
noun
1.
the process enabling financial and investment markets to operate internationally, largely as a result of deregulation and improved communications
2.
the emergence since the 1980s of a single world market dominated by multinational companies, leading to a diminishing capacity for national governments to control their economies
3.
the process by which a company, etc, expands to operate internationally
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word Origin and History for globalisation
n.

chiefly British English spelling of globalization; for spelling, see -ize.

globalization

n.

1961, from globalize, which is attested at least from 1953 in various senses; the main modern one, with reference to global economic systems, emerged 1959.

Online Etymology Dictionary, © 2010 Douglas Harper
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globalisation in Technology
The Free On-line Dictionary of Computing, © Denis Howe 2010 http://foldoc.org
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