ClimateAugust 16, 2026

rationalisation

RASH-uh-nuh-luh-ZAY-shun

Definition

The process of reorganizing or simplifying a system, such as a tax or duty structure, to make it more efficient and logical.

Etymology

Derived from the Latin 'rationalis' meaning 'of reason,' the word entered English in the 19th century to describe the act of applying logical principles to industrial or bureaucratic processes.

In the news

In the article, the term refers to adjusting import duties and taxes on raw materials for eco-friendly blocks to create a more efficient and supportive regulatory framework for manufacturers.

Use of eco-friendly blocks to be gradually increased: Mintoo

Read the full article ↗

Bangladesh Sangbad Sangstha (BSS)

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