stabilization

Vocabulary Word

Definition

Stabilization is about making something stable, steady, or firm. It is about preventing changes or disturbances. Kind of like when you balance a bike and keep it from falling over.

Examples in Different Contexts

In financial management, 'stabilization' is paramount. A finance manager might say, 'Effective stabilization of cash flows is essential to manage financial risks, ensure liquidity, and maintain healthy financial conditions for sustained business operations.'

Practice Scenarios

Business

Scenario:

Given the current market volatilities, we should consider financial measures that ensure long-term stability.

Response:

Indeed, stabilization of our financial position amidst these market volatilities is critical.

Tech

Scenario:

The software has improved, but we're still seeing some performance issues after the new update.

Response:

Right. We are moving into the stabilization phase to resolve these performance issues before the public release.