Commercialization
volume
British pronunciation/kəmˌɜːʃəlaɪzˈeɪʃən/
American pronunciation/kəˌmɝʃəɫɪˈzeɪʃən/

Definition & Meaning of "commercialization"

Commercialization
01

the process of introducing a new product or service into the market for sale

example
Example
click on words
The commercialization of electric vehicles has increased significantly in recent years.
The company focused on the commercialization of its latest software application.
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