Meaning of the word finalization in English

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

finalization

US /ˌfaɪ.nə.ləˈzeɪ.ʃən/
UK /ˌfaɪ.nəl.aɪˈzeɪ.ʃən/

Noun

the action of making a final and certain decision about a plan, date, etc:

Example:
the finalization of negotiations