commercialization

noun

Pronunciation: /kəˌmɜːrʃəlaɪˈzeɪʃən/

Definition

The process of managing or exploiting something primarily for financial gain or profit.

Examples

• The rapid commercialization of space travel has opened new opportunities for private companies.

• Critics argue that the commercialization of Christmas has overshadowed its original spiritual significance.

• The university faced backlash over the commercialization of its research findings for corporate profit.

Synonyms of commercialization

Words with a similar meaning to commercialization:

• marketing
• monetization
• commodification
• exploitation

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