BusinessAugust 16, 2026
commoditizing
kuh-MOD-ih-ty-zing
Definition
The process by which a good or service becomes indistinguishable from those of its competitors, leading to a market where price is the primary factor for consumers.
Etymology
Derived from the Latin 'commoditas' meaning 'convenience or advantage,' the term entered English via Middle French; it evolved to describe standardized goods that are interchangeable, such as raw materials or basic services.
In the news
The article uses the word to describe the risk that the satellite imagery market may become uniform, potentially forcing companies like BlackSky to compete solely on price rather than unique features.
BlackSky Technology (BKSY) Is Up 6.0% After Winning Multi-Year International Geospatial Intelligence Contract
Read the full article ↗Simply Wall Street