commoditize

verb
com·​mod·​i·​tize | \ kə-ˈmä-də-ˌtīz How to pronounce commoditize (audio) \
commoditized; commoditizing

Definition of commoditize

transitive verb

1 : commodify commoditizing bandwith specifically : to render (a good or service) widely available and interchangeable with one provided by another company
2 : to affect (something, such as a brand or a market) by commoditizing goods or services fierce competition threatened to commoditize prices

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Other Words from commoditize

commoditization \ kə-​ˌmä-​də-​tə-​ˈzā-​shən How to pronounce commoditize (audio) \ noun

Examples of commoditize in a Sentence

Recent Examples on the Web Standardized benefit designs threaten to commoditize insurance and stifle innovation, while potentially misleading consumers. Robert Pear, New York Times, "HealthCare.gov Will Add ‘Simple Choice’ Plans in Effort to Improve Value," 17 Oct. 2016

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'commoditize.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

First Known Use of commoditize

1979, in the meaning defined at sense 1

History and Etymology for commoditize

see commodity

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Time Traveler for commoditize

Time Traveler

The first known use of commoditize was in 1979

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Cite this Entry

“Commoditize.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/commoditize. Accessed 26 Feb. 2021.

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