commodification
The assignment of a commercial value to something previously without such value.
Noun
- The assignment of a commercial value to something previously without such value.
- Near-synonyms: commercialization, monetization
- Subcultures tend to go through continual cycles of commodification and resistance to that commodification. - 2006, Ross Haenfler, Straight Edge: Hardcore Punk, Clean-Living Youth, and Social Change:
- 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...
Synonyms: commercialization monetization
- The transformation from being commercialized on a nonfungible basis into becoming a commodity that is fungible.
- 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.
Synonyms: commoditization
Origin
Etymology tree Proto-Indo-European *ḱe? Proto-Indo-European *ḱóm Proto-Italic *kom Proto-Italic *kom- Latin com- Proto-Indo-European *med- Proto-Indo-European *-os Proto-Italic *medos Latin modus Latin commodus Proto-Indo-European *-teh₂ Proto-Indo-European *-ts Proto-Indo-European *-teh₂ts Proto-Italic *-tāts Latin -tās Latin commoditāsder. Anglo-Norman commoditeebor. Middle English commoditee English commodity Latin -i- Proto-Indo-European *dʰeh₁-der. Proto-Italic *-fakāō Latin -ficō Latin -ificāreder. Old French -ifierbor. Middle English -ifien English -ify English commodify English -ification English commodification From commodify + -ification.