Realizes
/ˈrɪə.laɪzɪz/
Definitions
- (v.) Third-person singular present tense of realize; to convert an asset into cash or its equivalent.
The company realizes profits when it sells its inventory.
- (v.) To become aware of or understand a legal right or obligation.
She realizes that the contract binds her to the specified terms.
Forms
- realize
- realized
- realizing
Related terms
See also
Commentary
'Realizes' is mainly used as a verb form of 'realize' in legal and financial contexts; definitions are linked to the base lemma to avoid redundancy.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.