IPA: /kəˈmɒdəˌtaɪz/
KK: /kəˈmɒdəˌtaɪz/
To change something so that it can be sold or traded like a common product, making it similar to other products from different companies.
The company aims to commoditize its unique software to reach a larger market.
Past: commoditized
Past Participle: commoditized
Commoditize is formed from "commodus" (from Latin, meaning suitable or convenient) and the suffix "-ize" (meaning to make or to cause to become). The word means to make something suitable for trade or to turn it into a commodity.
Think of making something 'suitable' for trade — 'commodus' means suitable, and '-ize' means to make. This helps you remember that 'commoditize' means to turn something into a commodity.
No commonly confused words.