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Commodification

The assignment of a commercial value to something previously valueless.

📖 Definitions of "Commodification"

noun
  1. 1

    The assignment of a commercial value to something previously valueless.

💡 Words with a Similar Meaning to "Commodification"

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WordDefinition
commercializationnounThe act of commercializing.
commercialisationnounAlternative spelling of commercialization. [The act of commercializing.]
marketingnoun(uncountable) The promotion, distribution and selling of a product or service; the work of a marketer; includes market research and advertising.
commoditizationnounThe transformation of something into a commodity.
mercificationnounThe transformation into a setting for and about buying and selling; commercialization; consumerization.
corporatizationnounThe process of transforming state assets, government agencies, or municipal organizations into publicly-owned corporations
valourisationnoun(nonstandard) Alternative form of valorisation. [(Marxism) realisation of capital, creation of surplus value, self-expansion of capital, increase in value]
commoditynoun(business) Anything movable (a good) that is bought and sold.
revalorizationnounThe establishment of a new value for something; revaluation, especially in a positive sense.
monetizationnounThe process of making a business activity profit-generating, particularly in computer and Internet-related activities.
exchange valuenoun(economics, especially Marxism) The proportion at which a commodity can be exchanged for other commodities.
financializationnounThe act of making, or treating as, financial; bringing something into the sphere of finance.
hypercommercialismnounThe excessive use of mercantilism in media to obtain success and profit; Extreme emphasis on commerce.
commercialismnounA tendency to value profit over everything else.
value-formnoun(Marxism) The social form of a commodity as a representation of value (socially necessary labour time).
valorisationnoun(Marxism) realisation of capital, creation of surplus value, self-expansion of capital, increase in value
mark-to-marketnoun(finance, accounting, chiefly attributive) Assigning a value to an asset equal to the current market price of the asset or one calculated based on related standardised assets for which there is a market.
transaction utilitynoun(economics, marketing) The perceived value of getting a good deal; the difference between the amount paid and a notional reference price.
purchasenounThe acquisition of title to, or property in, anything for a price; buying for money or its equivalent.
coemptionnoun(economics) The buying of the entire supply of a commodity.

Words Strongly Associated with "Commodification"

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🎨 Adjectives for "Commodification"

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🏷️ Nouns for "Commodification"

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📝 Common Phrases with "Commodification"

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