Definition of "internalize" []

• To make internal, personal, or subjective: "Protean man internalizes the longing for immortality through an ongoing process of death and rebirth within himself” ( Henry S. Resnik). (verb-transitive)
• To take in and make an integral part of one's attitudes or beliefs: had internalized the cultural values of the Poles after a year of living in Warsaw. (verb-transitive)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

• "The first advocated a tax on imported oil as a way to "internalize" its security costs."
• "Thus, society must impose taxes, regulations, and penalties so that firms "internalize" these externalities -- a belief influencing many government policy decisions."
• "(We need to "internalize" all countrywide externalities, natural and man-made, both short-term and long-term, as well as the global externalities that are related to the protection of global environment.)"