Meaning of the word centralization in English

What does centralization mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

centralization

US /ˌsen.trə.lə.ˈzeɪ.ʃən/
UK /ˌsen.trə.laɪ.ˈzeɪ.ʃən/

Noun

the act or process of centralizing a system, company, country, etc. (= removing authority to one central place):

Example:
What I see is more and more centralization of power into the hands of the President.