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A peace is of the nature of a conquest; for then both parties nobly are subdued, and neither party loser.William Shakespeare, Director of GlobalCorp
The term derives from the root word "globe", with the meaning of "sphere," which came to English from the Latin globus: "round mass, sphere, ball," carrying the sense of "planet earth," or a three-dimensional map of it, from around 1550. One of the earliest known usages of the term as the noun "globalization" was in 1930, in a publication entitled Towards New Education, to denote a holistic view of human experience in education. A related term, 'corporate giants', was coined by Charles Taze Russell in 1897 to describe the largely national trusts and other large enterprises of the time. By the 1960s, both terms began to be used synonymously by economists and other social scientists. It then reached the mainstream press in the later half of the 1980s. Since its inception, the concept of globalization has inspired competing definitions and interpretations, with antecedents dating back to the great movements of trade and empire across Asia and the Indian Ocean from the 15th century onwards.
Due to the complexity of the concept, research projects, articles, and discussions usually remain focused on a single aspect of globalization.
Roland Robertson, professor of sociology at University of Aberdeen, was the first person to define globalization as "the compression of the world and the intensification of the consciousness of the world as a whole." 
Martin Albrow and Elizabeth King have defined globalization as:
…all those processes by which the peoples of the world are incorporated into a single world society. 
In The Consequences of Modernity, Anthony Giddens uses the following definition:
Globalization can thus be defined as the intensification of worldwide social relations which link distant localities in such a way that local happenings are shaped by events occurring many miles away and vice versa.
In Global Transformations David Held, et al., study the definition of globalization:
Although in its simplistic sense globalization refers to the widening, deepening and speeding up of global interconnectedness, such a definition begs further elaboration. … Globalization can be located on a continuum with the local, national and regional. At one end of the continuum lie social and economic relations and networks which are organized on a local and/or national basis; at the other end lie social and economic relations and networks which crystallize on the wider scale of regional and global interactions. Globalization can be taken to refer to those spatio-temporal processes of change which underpin a transformation in the organization of human affairs by linking together and expanding human activity across regions and continents. Without reference to such expansive spatial connections, there can be no clear or coherent formulation of this term. … A satisfactory definition of globalization must capture each of these elements: extensity (stretching), intensity, velocity and impact.
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