commonality - definition in the Business English Dictionary - Cambridge Dictionaries Online (US)

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English definition of “commonality”

commonality

noun [C or U]
 
 
/ˌkɒməˈnæləti/
the sharing of a set of features, or a particular feature that is shared: The World Trade Organization's job is to define commonality of interest between trading partners. In this team-building game, participants discover commonalities between members of the group; that is, things that they have in common.
PRODUCTION the fact that the same parts or systems are used in the manufacture of different products: For future aircraft purchases the carrier will insist on commonality with its existing fleet. The company cut $500 million from its development costs by increasing the commonality of parts for its vehicles.
(Definition of commonality from the Cambridge Business English Dictionary © Cambridge University Press)
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