realizacija

Realizacija is a noun used in several South Slavic languages, including Croatian, Bosnian, Serbian, and Montenegrin. It denotes the act of realizing, implementing, or carrying out something—making an idea, plan, or project real. The term appears across business, administration, law, and everyday language, and is often translated into English as realization, implementation, or execution depending on context.

Etymology and usage notes: realizacija derives from the verb realizovati (to realize) and is a standard loanword in modern technical language. It is commonly used to describe turning theoretical concepts into concrete outcomes. In English contexts, realizacija is frequently rendered as realization, implementation, or execution, with the choice of translation guided by the specific domain.

Applications: In project management and construction, realizacija refers to the execution phase when designs are transformed into a functioning system or product. In finance and accounting, the term appears in phrases such as realizacija prihoda (revenue realization) or realizacija dobiti (profit realization), relating to the recognition of income or results when they are earned or realized. In law and public administration, realizacija concerns the realization of rights, obligations, or policy objectives—putting legal or regulatory aims into practice.

Context and scope: Realizacija typically sits between planning and evaluation, marking the transition from concept to tangible results. It emphasizes practical implementation, performance, and outcomes rather than ideas alone. In multilingual texts, it is often useful to choose the most precise translation—implementation or execution—to avoid ambiguity.