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What does commonize mean?

Looking for the meaning or definition of the word commonize? Here's what it means.

Verb
  1. To make similar or common.
  2. To deprecate the importance of, or make ordinary.
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Examples
The Alliance with Nissan has given Renault a sound base to exchange best practice and commonize resources to achieve economies of scale.
She gave each participant a trophy, regardless of win or loss, to commonize the award for winning.
All of that will be changed for Chrysler if they join with Fiat, because now you are looking at well think back to the days when they tried to commonize things with Daimler.
He attempted to commonize the various standards by ensuring a similar format and implementation.

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