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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

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
References in periodicals archive ?
It seems to me that capitalizing His Word is meant to designate some special status, some special respect.
As I expected, the Stylebook called for capitalizing internet, but its definition of the word seemed to favor my interpretation: "A decentralized network of host computers that are linked by high-speed lines.
Thus, capitalizing interest to a long-term contract will have a measurable impact on taxable income only where interest incurred fluctuates widely from year to year, though, typically this will not happen where a substantial portion of a business is devoted to U.
16 says entities that engage in purchase acquisitions may include certain associated costs in the acquisition price, thereby capitalizing the costs rather than deducting them from income as an expense in the current period.
For those taxpayers capitalizing their loan origination costs, the Service is not likely to accept any requests to change accounting methods at this time.
Taxpayers currently capitalizing ISO 9000-related costs, who want to change to the method described in Rev.
97-35 goes to great lengths to describe the Service's position on capitalizing and amortizing package design costs.
95-19 to provide automatic consent for taxpayers to change their method of capitalizing interest to a method in conformity with the final regulations.
High net worth individuals who incur significant portfolio management fees may be able to avoid potential disallowance of the expenses by capitalizing the fees and deducting the costs as assets are sold.