- the act of the globalization of manufacturing., or extending to other or all parts of the world:
- worldwide integration and development: Globablization has resulted in the loss of some individual cultural identities.
- the process enabling financial and investment markets to operate internationally, largely as a result of deregulation and improved communications
- 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
- the process by which a company, etc, expands to operate internationally
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.