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capitalize on (something)

To take advantage of a particular opportunity or situation for one's benefit. We need to capitalize on that team's losing streak and overtake them in the standings. You finally got an interview at that company, so you need to capitalize on it, because you might not get another one.
See also: capitalize, on
Farlex Dictionary of Idioms. © 2022 Farlex, Inc, all rights reserved.

capitalize on something

Fig. to build on something; to exploit something, such as an opportunity of talent, to one's own benefit. Let's try to capitalize on the strength of the economy and invest for the future. Capitalize on your experience in the field and you'll do well in the interview.
See also: capitalize, on
McGraw-Hill Dictionary of American Idioms and Phrasal Verbs. © 2002 by The McGraw-Hill Companies, Inc.
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References in periodicals archive ?
The present value income method is similar to the pro-ratable income method in that both capitalize the acquisition cost of a policy and of additional premiums, but the two differ in the way they recognize income.
In Russia, Eastern Europe and many nations where economic evolution is dramatic and difficult today, people make a leap of faith in the global market's capacity to create opportunity and their ability to capitalize on it.
The Tax Court said ITW should capitalize the judgment.
But in another case where the death occurred before the acquisition, the buyer had to capitalize rather than deduct the payments (David R.
For tax-accounting purposes, the company also capitalizes the cost of the water-filtration system, the remedial investigation/feasibility study and cleanup costs.
A cursory review of more than 150 public company financial statements that disclose information on start-up costs reveals that almost two-thirds capitalize and amortize some start-up costs while the rest expense all start-up costs as incurred.
When the defense adjusts its strength to trips side (leaving single coverage on our backside receiver), we will capitalize on this match-up and check to a quick choice route backside (Diag.7).
The IRS normally takes the position that businesses must capitalize the cost of enterprise-resource-planning software (ERP) and amortize it over 36 months.