commodity

[ kuh-mod-i-tee ]
See synonyms for: commoditycommodities on Thesaurus.com

noun,plural com·mod·i·ties.
  1. an article of trade or commerce, especially a product as distinguished from a service.

  2. something of use, advantage, or value.

  1. Stock Exchange. any unprocessed or partially processed good, as grain, fruits, and vegetables, or precious metals.

  2. Obsolete. a quantity of goods.

Origin of commodity

1
First recorded in 1375–1425; late Middle English commodite, from Anglo-French, from Latin commoditās “timeliness, convenience,” equivalent to commod(us) (see commode) + -itās -ity

Other words from commodity

  • non·com·mod·i·ty, adjective, noun, plural non·com·mod·i·ties.

Words Nearby commodity

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

How to use commodity in a sentence

British Dictionary definitions for commodity

commodity

/ (kəˈmɒdɪtɪ) /


nounplural -ties
  1. an article of commerce

  2. something of use, advantage, or profit

  1. economics an exchangeable unit of economic wealth, esp a primary product or raw material

  2. obsolete

    • a quantity of goods

    • convenience or expediency

Origin of commodity

1
C14: from Old French commodité, from Latin commoditās suitability, benefit; see commodious

Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Cultural definitions for commodity

commodity

Any product manufactured or grown.

The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.