Dictionary Meaning and Definition on 'Commercialized'
adj : organized principally for financial gain; "Christmas has
become a commercialized spectacle" [syn: commercialised]
Wikipedia Meaning and Definition on 'Commercialized'
Commerce is the exchange of goods and services from the point of production to the point of consumption to satisfy human wants. It comprises the trading of something of economic value such as goods, services, information, or money between two or more entities. Commerce functions as the central mechanism which drives capitalism and certain other economic systems (but compare command economy, for example). Commercialization or commercialisation consists of the process of transforming something into a product, service or activity which one may then use in commerce. Commerce involves trade and aids to trade which help in the exchange of goods and services.
While "business" refers to the value-creating activities of an organization for profit, commerce means the whole system of an economy that constitutes an environment for business. The system includes legal, economic, political, social, cultural, and technological systems that are in operation in any country. Thus, commerce is a system or an environment that affects the business prospects of an economy or a nation-state. We can also define it as a second component of business which includes all activities, functions and institutions involved in transferring goods from producers to consumers.[See more about Commercialized at Dictionary 3.0 Encyclopedia]
Words and phrases related to 'Commercialized'
Commercialized Sample Sentences in News
- TSO Logic Delivers First Commercialized Energy Efficiency Dashboard for Data Centers
Editors Note: There is a photo associated with this press release. Read more on this news related to 'Commercialized'
- Azul Systems Extends Zulu Runtime for Java to Support Java 8
Azul Systems, Inc. , the award-winning leader in Java runtime solutions, today announced the general availability of Zulu 8.0, a commercialized build of OpenJDK that is compatible and compliant with the ... Read more on this news related to 'Commercialized'
- 10 Best Moments Salvaged From SXSW's Bloat
NEW YORK (TheStreet) -- Some of the worst predictions for SXSW's Music portion this year came true, but I'm not complaining. As Jason Notte lamented in his March 14 article the event has clearly become overly commercialized and, as a result, fairly predictable. Far too many business cards. Far too few truly new ideas. But at the same time, within that rat Read more on this news related to 'Commercialized'