Longman Dictionary of Contemporary English homepage

realization

 noun
     
re‧a‧li‧za‧tion also realisation British English [singular, uncountable]
1 when you understand something that you had not understood before
realization of
I was shocked by the realization of what I had done.
realization that
the realization that she might never recover from her illness
There is a growing realization that we must manage the earth's resources more carefully.
2 formal when you achieve something that you had planned or hoped for [= achievement]
realization of
the realization of his dreams
3BBT technical when you change something into money by selling it:
the realization of assets
Definition from the Longman Dictionary of Contemporary English
Advanced Learner's Dictionary.

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