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liberalization

American  
[lib-er-uh-lahy-zey-shuhn, lib-ruh-] / ˌlɪb ər əˌlaɪˈzeɪ ʃən, ˌlɪb rə- /
especially British, liberalisation

noun

  1. the state of being or becoming more favorable to progress or reform, as in political or religious affairs.

    The liberalization of Anglican thought predates the rise of Protestant fundamentalism.

  2. the act or process of making something, such as laws or regulations, less restrictive, or the state of being or becoming less restrictive.

    The president has proposed liberalization of the criminal code to allow for a reduction in maximum sentences and the introduction of monetary fines for less severe offenses.

    The government is updating existing contracts with some foreign companies to favor liberalization and free market competition.


Other Word Forms

  • overliberalization noun

Etymology

Origin of liberalization

liberaliz(e) ( def. ) + -ation ( def. )

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Trade liberalization is wreaking havoc with industry, even as agricultural exports drove 4.4% gross domestic product growth last year.

From Barron's

Twenty years later, students demonstrated against press censorship and called for liberalization and reforms.

From Salon

India’s largest trading partner in goods and services, seems to have prompted a new push for economic liberalization in New Delhi.

From The Wall Street Journal

Only a few years earlier had the country begun to experiment with market liberalizations under Deng Xiaoping.

From The Wall Street Journal

Rodriguez, who was sworn in Monday as Venezuela’s acting president, had overseen an economic liberalization program over the past several years, whereby Venezuela dismantled its state-planned model and cut generous welfare and social spending.

From The Wall Street Journal