Definition of commoditization in English:

commoditization

(British commoditisation)

Pronunciation /kəˌmädədəˈzāSH(ə)n/ /kəˌmɑdədəˈzeɪʃ(ə)n/ /kəˌmädəˌtīˈzāSH(ə)n/ /kəˌmɑdəˌtaɪˈzeɪʃ(ə)n/

noun

  • The action or process of treating something as a mere commodity.

    • ‘he warned against commoditization of the ancient Indian practice’