From Longman Dictionary of Contemporary Englishcapitalize on something phrasal verbUSE somethingto use a situation or something good that you have, in order to get an advantage for yourself Ecuador has capitalized on its natural beauty to attract tourism. → capitalize→ See Verb tableFrom Longman Business Dictionarycapitalize on something phrasal verb [transitive] to get as much advantage out of an event, situation etc as you canWe are well placed to capitalize on the growth of cable TV. → capitalize→ See Verb table