different between commoditisation vs commoditize

commoditisation

English

Noun

commoditisation (uncountable)

  1. Alternative form of commoditization

commoditisation From the web:

  • commoditization meaning
  • what does commoditization mean finance
  • what is commoditization in business
  • what causes commoditization
  • what does commoditization mean business
  • what is commoditization in tourism
  • what is commoditization of culture
  • what does commoditization mean in marketing


commoditize

English

Alternative forms

  • commoditise

Etymology

commodity +? -ize

Verb

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

  1. (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

Derived terms

  • commoditization/commoditisation

References

commoditize From the web:

  • commoditized what does it mean
  • commoditize meaning
  • what are commoditized products
  • what does commoditized market mean
  • what is commoditized education
  • what does commoditized me
  • what is a commoditized market
  • definition commoditized
+1
Share
Pin
Like
Send
Share

you may also like