Definition, Meaning & Synonyms
commodify
verb
/kəˈmɒd.ɪ.faɪ/
Definition
To turn something into a commodity, or to make it available for sale in the market.
Examples
- The artist worried that his work would be commodified and lose its originality.
- As technology advances, more aspects of life are getting commodified.
- Some activists argue that by commodifying necessities like water, we risk prioritizing profit over access.
Meaning
The process of converting goods, services, or ideas into something that can be bought and sold.
Synonyms
- commercialize
- monetize
- capitalize