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Definition 2024


marketize

marketize

English

Alternative forms

Verb

marketize (third-person singular simple present marketizes, present participle marketizing, simple past and past participle marketized)

  1. (economics, management) To convert to management by open-market principles.
    Marketizing many traditional public services has met both success and failure.
  2. (business, marketing) To bring to market.
    • 2007, quoted in Thomas L Friedman, The World Is Flat: A Brief History of the Twenty-First Century, page 370
      "You have technology in [Chinese] universities, but people don't know what to do with it— how to marketize it."

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