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realization

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realization
realization (also realisation British English) /ˌrɪəlaɪˈzeɪʃən $ -lə-/ noun [singular, uncountable]
 Word Family: noun: realism, realist, reality, unreality, realization; adverb: real, really, realisticallyunrealistically; adjective: real, unreal, realisticunrealistic; verb: realize
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
   SYN  achievement
    realization of
    the realization of his dreams
3. technical when you change something into money by selling it:
    the realization of assets