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The Collaborative International Dictionary of English v.0.48:

Realize \Re"al*ize\ (r[=e]"al*[imac]z), v. t. [imp. & p. p. Realized (-[imac]zd); p. pr. & vb. n. Realizing (-[imac]`z[i^]ng).] [Cf. F. r['e]aliser.] 1. To make real; to convert from the imaginary or fictitious into the actual; to bring into concrete existence; to effectuate; to accomplish; as, to realize a scheme or project. [1913 Webster] We realize what Archimedes had only in hypothesis, weighing a single grain against the globe of earth. --Glanvill. [1913 Webster] 2. To cause to seem real; to impress upon the mind as actual; to feel vividly or strongly; to make one's own in apprehension or experience. [1913 Webster] Many coincidences . . . soon begin to appear in them [Greek inscriptions] which realize ancient history to us. --Jowett. [1913 Webster] We can not realize it in thought, that the object . . . had really no being at any past moment. --Sir W. Hamilton. [1913 Webster] 3. To convert into real property; to make real estate of; as, to realize his fortune. [1913 Webster] 4. To acquire as an actual possession; to obtain as the result of plans and efforts; to gain; to get; as, to realize large profits from a speculation. [1913 Webster] Knighthood was not beyond the reach of any man who could by diligent thrift realize a good estate. --Macaulay. [1913 Webster] 5. To convert into actual money; as, to realize assets. [1913 Webster]
The Collaborative International Dictionary of English v.0.48:

Realizing \Re"al*i`zing\ (-z[i^]ng), a. Serving to make real, or to impress on the mind as a reality; as, a realizing view of the danger incurred. -- Re"al*i`zing*ly, adv. [1913 Webster]