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commoditize

Line breaks: com|mod¦it|ize
Pronunciation: /kəˈmɒdɪtʌɪz
 
/
(also commoditise)

Definition of commoditize in English:

verb

Another term for commodify.
Example sentences
  • I agree that auditing has been commoditized.
  • How do we best streamline the process of retraining for the new tasks as the old ones become commoditized?
  • He argues that information technology will follow the paths of earlier technological inventions such as railways and electricity and become commoditised, and thus lose its value.

Derivatives

commoditization

1
noun
Example sentences
  • The nation's biggest electricity marketer in many respects led the energy industry, and America, into deregulation, globalization, and the commoditization of essential products.
  • The driver that we have is that innovation is the only way out of a strong commoditisation of a business.
  • Being able to set standards independently of vendor control means a faster path to commoditisation and hence to lower cost alternatives that the whole local market can use, not just the rich.

Definition of commoditize in:

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