COMMODITIZE

Etymology

Verb

commoditize (third-person singular simple present commoditizes, present participle commoditizing, simple past and past participle commoditized)

(US, business, proscribed) To transform into a commodity, particularly of an existing product.

Usage notes

The earlier commodify is more common, sometimes used synonymously, and sometimes considered more correct, with commoditize proscribed. In other use these are distinguished, with commoditize used in business contexts to mean when the market for products that used to be distinguishable becomes a commodity market, where products are interchangeable and there is heavy price competition, while commodify is used in social contexts to mean that a non-commercial good has become commercial, typically with connotations of “corrupted by commerce” – “Microprocessors are commoditized. Love is commodified.”

Synonyms

• commodify

Source: Wiktionary

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