re·al·ize /'rē-ə-ˌlīz/ vt -ized, -iz·ing
1: to convert into money
2: to obtain or incur (as a gain or loss) esp. as the result of a sale, exchange, or other disposition of an asset
realized a loss when the house was sold compare recognize
re·al·i·za·tion /ˌrē-ə-lə-'zā-shən/ n

Merriam-Webster’s Dictionary of Law. . 1996.

I (make real) verb accomplish, achieve, actualize, bring about, bring to pass, carry into effect, carry out, carry through, complete, consummate, do, effect, effectuate, efficere, engineer, facere, implement, materialize, perform, produce, substantiate II (obtain as a profit) verb achieve, acquire, attain, benefit, clear, come by, earn, enjoy, gain, get, make, net, obtain, obtain a return, pecuniam redigere, procure, produce, profit, reap, receive, turn into cash, turn into money III (understand) verb absorb, appreciate, apprehend, assimilate, become aware, become conscious, cognize, comprehend, comprehendere, digest, discern, fathom, grasp, intellegere, know, learn, make out, perceive, recognize, see, take in IV index accomplish, acquire (secure), appreciate (comprehend), apprehend (perceive), attain, avail (bring about), collect (recover money), commit (perpetrate), complete, comprehend (understand), conceive (comprehend), conjure, construe (comprehend), consummate, detect, discern (detect with the senses), discharge (perform), discover, dispatch (dispose of), earn, effectuate, execute (accomplish), find (discover), fulfill, gain, implement, invent (produce for the first time), note (notice), notice (observe), obtain, pass (satisfy requirements), perceive, pierce (discern), procure, produce (manufacture), profit, reap, receive (acquire), recognize (acknowledge), recover, solve, substantiate, succeed (attain)

Burton's Legal Thesaurus. . 2006

To make money from something; to receive profits from investments.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.