commoditize

verb

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

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
commoditization noun

Examples of commoditize in a Sentence

Recent Examples on the Web Then eventually flashbots came in and commoditized this whole process. Steven Ehrlich, Forbes, 3 May 2023 It could be forced to divest some of its core operations and would be limited to selling Bitcoin and Ethereum—an activity that has become increasingly low-margin and commoditized. Jeff John Roberts, Fortune, 7 June 2023 The development of e-tractors trails the EV industry, says Schwager, which commoditized the production of lithium-ion batteries, motors and power components. Naoki Nitta, Smithsonian Magazine, 19 Apr. 2023 But as Wonderful pioneered the mandarin market, the hot sector got commoditized. Chloe Sorvino, Forbes, 23 Mar. 2023 While people remain willing to pay multiples more for mined stones, Kinney has figured out a way to commoditize them—and prop up prices in the process. Christopher Helman, Forbes, 27 Mar. 2023 On that front, Adam’s refusal to commoditize his art makes a statement. Tomris Laffly, Variety, 25 Jan. 2023 Opolis’ mission is to give back to global communities most impacted by the plastic pandemic by teaching locals to commoditize plastic for collection and a new life. Andrew Weaver, Outside Online, 27 Jan. 2022 These forces commoditize their brands and drive down their profit margin. Song Bac Toh, Forbes, 28 June 2022 See More

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'commoditize.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

Etymology

see commodity

First Known Use

1979, in the meaning defined at sense 1

Time Traveler
The first known use of commoditize was in 1979

Dictionary Entries Near commoditize

Cite this Entry

“Commoditize.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/commoditize. Accessed 26 Feb. 2024.

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