verb (used with object), realized, realizing.
to grasp or understand clearly.
to make real; give reality to (a hope, fear, plan, etc.).
to bring vividly to the mind.
to convert into cash or money: to realize securities.
to obtain as a profit or income for oneself by trade, labor, or investment.
to bring as proceeds, as from a sale: The goods realized $1000.
Music. to sight-read on a keyboard instrument or write out in notation the full harmony and ornamentation indicated by (a figured bass).
Linguistics. to serve as an instance, representation, or embodiment of (an abstract linguistic element or category): In “Jack tripped,” the subject is realized by “Jack,” the predicate by “tripped,” and the past tense by “-ed.”
verb (used without object), realized, realizing.
to convert property or goods into cash or money.
Also, especially British, realise.

1605–15; < French réaliser, Middle French, equivalent to real real1 + -iser -ize

realizable, adjective
realizability, realizableness, noun
realizably, adverb
realizer, noun
hyperrealize, verb (used with object), hyperrealized, hyperrealizing.
nonrealizable, adjective
nonrealizing, adjective
prerealize, verb (used with object), prerealized, prerealizing.
underrealize, verb (used with object), underrealized, underrealizing.
unrealize, verb (used with object), unrealized, unrealizing.

1. conceive, comprehend. 2. accomplish, effect. 3. See imagine.

1. misunderstand. Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
realize or realise (ˈrɪəˌlaɪz)
1.  (when tr, may take a clause as object) to become conscious or aware of (something)
2.  (tr, often passive) to bring (a plan, ambition, etc) to fruition; make actual or concrete
3.  (tr) to give (something, such as a drama or film) the appearance of reality
4.  (tr) (of goods, property, etc) to sell for or make (a certain sum): this table realized £800
5.  (tr) to convert (property or goods) into cash
6.  (tr) of a musicologist or performer
 a.  to expand or complete (a thorough-bass part in a piece of baroque music) by supplying the harmonies indicated in the figured bass
 b.  to reconstruct (a composition) from an incomplete set of parts
7.  to sound or utter (a phoneme or other speech sound) in actual speech; articulate
realise or realise
'realizable or realise
'realisable or realise
'realizably or realise
'realisably or realise
reali'zation or realise
reali'sation or realise
'realizer or realise
'realiser or realise

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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Word Origin & History

1611, "bring into existence," from Fr. réaliser "make real," from M.Fr. real "actual," from O.Fr. (see real (adj.)). Sense of "understand clearly" is first recorded 1775.

British spelling of realize (q.v.); for suffix, see -ize.
Online Etymology Dictionary, © 2010 Douglas Harper
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Example sentences
The entire future is in their hands, but it is encouraging to realise that part
  of the present is theirs already.
Most people don't realise how valuable these creatures are reverse phone lookup.
They don't seem to realise the consequences of this admission.
The screams of the first to realise what was happening could not stop the
  stampeding crowd behind.
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