1.VerbTo bring into commerce from an earlier condition (such as idea alone, experimental prototypes alone, or one-off custom builds only).
"the work required not only to invent a device but also to commercialize it"
2.VerbTo apply business methodology to something in order to profit (such as introducing salability to a resource that comes from, or rightfully belongs to, the commons).
"finding the right balance in paying for water infrastructure (treatment plants and pipe networks) but not commercializing water to the point of excluding low-income people from adequate access to a basic necessity"
3.VerbTo exploit something for maximum financial gain, sometimes by sacrificing quality.
"a market district formerly served mainly by artisans but increasingly commercialized for mass tourism"