Meaning & Definition of Commercialization in English

Detailed Definitions

• Definition: The act or process of introducing a product into commerce, making it available for sale to the public.

  Example Sentence: The commercialization of new technology can significantly boost the economy.

• Definition: The adaptation of business practices to maximize profit.

  Example Sentence: The commercialization of the brand has led to its rapid growth in market value.

• Definition: The process of turning something into a commodity or product.

  Example Sentence: The commercialization of art has sometimes been criticized for hindering creativity.

• Definition: The act of exploiting a product for financial gain.

  Example Sentence: Commercialization of natural resources can lead to environmental concerns.

Etymology

Origin: from commercial + -ization

Synonyms

Common Phrases and Expressions

• market economy: An economy in which decisions about production and consumption are made by individual producers and consumers.
• go to market: The strategy or process of launching a product or service for sale.
• cash cow: A product or service that generates a steady return of profits.

Translations

• Spanish: comercialización

• French: commercialisation

• German: Kommerzialisierung

• Russian: коммерциализация

Related Words

• commercial: Related to or engaged in commerce.

• commodification: The process of turning something into a commodity.

• entrepreneurship: The process of starting and running a new business.

Slang Meanings of commercialization

• Meaning: Big business

  Example Sentence: When we talk about the commercialization of the internet, we often mean big business moving in.

• Meaning: Sell out

  Example Sentence: Some artists believe that commercialization means selling out.