commodifications

Noun

commodification (countable and uncountable, plural commodifications)

1. The assignment of a commercial value to something previously without such value.
   • Near-synonyms: commercialization, monetization

   Synonyms:

   commercialization, monetization

2. The transformation from being commercialized on a nonfungible basis into becoming a commodity that is fungible.
   • A company that innovates to achieve the commercialization of a technology often must shift strategy some decades later in response to the advent of that technology's commodification.

   Synonyms:

   commoditization