Guardian Ad Litem. A guardian appointed by the court to represent the interests of Infants, the unborn, or incompetent persons in legal actions. Guardians are adults who are legally responsible for protecting the well-being and interests of their ward, who is usually a minor.
internalization. [ 1 inturâ²nÉlÄ«zÄâ²shÉn] 2  the process of adopting within the self, either unconsciously or consciously through learning and socialization, the attitudes, beliefs, values, and standards of another person or more generally of the society or group to which one belongs. See also socialization.
BREAKING DOWN 'Internalization'. Brokerage firms internalize securities orders to take advantage of the difference between what they purchased shares for and what they sell them for, known as the spread. For example, a firm may see a greater spread by selling its own shares than by selling them on the open market.