Words / I / Business

internationalization

noun/ˌɪntəˌnæʃənəlaɪˈzeɪʃən/

B1CEFR level
40/100Rarity: uncommon
TechnicalRegister

The process by which a company expands its operations, sales, or investment into foreign markets.

The board approved an aggressive internationalization plan, targeting five new markets within three years.

Similar: global expansion

Topic: Corporate strategy in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More business words: Corporate strategy