What is Decentralization?

decentralization
n.
decentralize
v.tr.
1. To distribute the administrative functions or powers of (a central authority) among several local authorities.
2.
a. To bring about the redistribution of (an urban population and industry) to suburban areas.
b. To cause to withdraw or disperse from a center of concentration: decentralize a university complex; decentralize a museum.
v.intr.
To undergo redistribution or dispersal away from a central location or authority.

Source: The Free Dictionary

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