commodification

== English == === Etymology === From commodify + -ification. === Pronunciation === (Received Pronunciation) IPA(key): /kəˌmɒ.dɪ.fɪˈkeɪ.ʃən/ (General American) IPA(key): /kəˌmɑ.dɪ.fɪˈkeɪ.ʃən/ Rhymes: -eɪʃən === Noun === commodification (countable and uncountable, plural commodifications) The assignment of a commercial value to something previously without such value. Near-synonyms: commercialization, monetization The transformation from being commercialized on a nonfungible basis into becoming a commodity that is fungible. Synonym: commoditization ==== Usage notes ==== Sometimes used interchangeably with commoditization (sense 2), and sometimes distinguished to have a sense of “non-commercial good becoming commercial” (sense 1); see commoditize § Usage notes. ==== Derived terms ==== ==== Related terms ==== commodify ==== Translations ==== ==== See also ====