Share this entry

Share this page

commoditize

Syllabification: com·mod·i·tize
Pronunciation: /kəˈmädəˌtīz
 
/

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
Pronunciation: /kəˌmäditəˈzāSHən/
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:

Share this entry

Share this page

 

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.

Get more from Oxford Dictionaries

Subscribe to remove ads and access premium resources

Word of the day Noel
Pronunciation: nōˈel
noun
Christmas…