Meaning of the word commercialization in English
What does commercialization mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
commercialization
US /kəˌmɝː.ʃəl.əˈzeɪ.ʃən/
UK /kəˌmɜː.ʃəl.aɪˈzeɪ.ʃən/
Noun
1.
the process of managing or running something principally for financial gain
Example:
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The commercialization of football has led to higher ticket prices.
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Critics worry about the commercialization of Christmas.
2.
the process of bringing a new product or service to market
Example:
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The company is focusing on the commercialization of its new technology.
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The commercialization phase follows research and development.