Commodification

Quick meaning: Commodification is a noun meaning The assignment of a commercial value to something previously without such value.

Meaning

The assignment of a commercial value to something previously without such value.

More Meanings

1. The transformation from being commercialized on a nonfungible basis into becoming a commodity that is fungible.

Example Sentences

Near-synonyms: commercialization, monetization

Subcultures tend to go through continual cycles of commodification and resistance to that commodification.

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.

One drizzly morning, I joined a political walking tour to hear former combatants of the Troubles show off Belfast landmarks and tell their stories. Almost everything about this notion piqued my curiosity: the commodification of violence into a tourist product; the idea that “politics” was actually history.

Word Forms

• commodifications

Synonyms for commodification

Depending on context, synonyms include commercialization, monetization, commoditization.

Related Words

Related dictionary entries include commercialization, commercialisation, marketing, commoditization, mercification, corporatization.

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