From Longman Dictionary of Contemporary Englishglobalizeglo‧bal‧ize (also globalise British English) /ˈɡləʊbəlaɪz $ ˈɡloʊ-/ verb [intransitive, transitive] if a company, industry, or economy globalizes or is globalized, it has business activities all over the world→ See Verb tableFrom Longman Business Dictionaryglobalizeglo‧bal‧ize /ˈgləʊbəlaɪzˈgloʊ-/ (also globalise British English) verb [intransitive, transitive]COMMERCE if a company, industry, or economy globalizes or is globalized, it no longer depends on conditions in one country, but on conditions all over the worldCorporate alliances have globalized the aerospace industry.Most African companies are seeking to globalise, liberalising trade and opening the door to foreign investment.→ See Verb table