From The Collaborative International Dictionary of English v.0.48:

Neutralization \Neu`tral*i*za"tion\, n. [Cf. F. neutralisation.]
   1. The act or process of neutralizing, or the state of being
      [1913 Webster]

   2. (Chem.) The act or process by which an acid and a base are
      combined in such proportions that the resulting compound
      is neutral. See Neutral, a., 4.
      [1913 Webster]
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