realize

To become aware of, understand, or appreciate (a fact or situation, especially something which has been true for some time).

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In formal and informal contexts, realize is often used to convey a sense of sudden understanding or appreciation, particularly when describing a situation that has been true for some time. For example, 'It wasn't until I lost my job that I realized how much I took my salary for granted.' However, it's worth noting that in some cases, the verb 'realize' can be confused with the verb 'actualize', which means to make something real or actual. For instance, 'The company will actualize its plans for expansion next quarter.'