commodification
Pronunciation: /kəˌmɒ.dɪ.fɪˈkeɪ.ʃən/
The English word “commodification” has 2 meanings listed here.
noun
- The assignment of a commercial value to something previously without such value.
- The transformation from being commercialized on a nonfungible basis into becoming a commodity that is fungible.
Etymology
From commodify + -ification.
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