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- DictionaryCom·mod·i·ty/kəˈmädədē/
noun
- 1. a raw material or primary agricultural product that can be bought and sold, such as copper or coffee: "commodities such as copper and coffee"
Jan 23, 2024 · A commodity is a basic good used in commerce that is interchangeable with other commodities of the same type. Commodities are most often used as inputs in the...
noun. , plural com·mod·i·ties. an article of trade or commerce, especially a product as distinguished from a service. something of use, advantage, or value. Stock Exchange. any unprocessed or partially processed good, as grain, fruits, and vegetables, or precious metals. Obsolete. a quantity of goods. commodity. / kəˈmɒdɪtɪ /.
A commodity is any useful or valuable thing, especially something that is bought and sold. Grain, coffee, and precious metals are all commodities. The word commodity is usually used in an economic context, as in importing commodities from other countries or trading in the stocks and commodities markets. You probably wouldn't say something like ...
1. an article of trade or commerce, esp. a product as distinguished from a service. 2. something of use, advantage, or value. 3. any unprocessed or partially processed good, as a grain, fruit or vegetable, or a precious metal. 4. Obs. a quantity of goods.
4 days ago · Word forms: (plural) commodities. noun. ( Finance: Investment) A commodity is an item that is traded on the market, such as wheat, gold, silver, oil, coffee, or sugar . The corporation provided $150 million to finance the exports of various commodities and food goods including cotton and tobacco.
noun. /kəˈmɒdəti/ /kəˈmɑːdəti/ (plural commodities) (economics) a product or a raw material that can be bought and sold. rice, flour and other basic commodities. a drop in commodity prices. Crude oil is the world's most important commodity. basic agricultural commodities. Synonyms product. Topics Business c1, Money c1.
5 days ago · (kəmɒdɪti ) Word forms: plural commodities. countable noun. A commodity is something that is sold for money. [business] Prices went up on several basic commodities like bread and meat. Synonyms: goods, produce, stock, products More Synonyms of commodity. Collins COBUILD Advanced Learner’s Dictionary. Copyright © HarperCollins Publishers.
