Definitions For Commoditize

Verb

(US, business, transitive, 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., author=Robert Hartwell Fiske, authorlink=Robert Hartwell Fiske, pageurl=https://books.google.com/books?id=JZqfZfIvtlsC&pg=PA99&dq=commoditize, page=99 In other use these are distinguished, with commoditize used in business contexts to describe a market that 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.”