commodity
[ kuh-mod-i-tee ]
/ kəˈmɒd ɪ ti /
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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.
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Origin of commodity
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. 2021
Example sentences from the Web for commodity
British Dictionary definitions for commodity
commodity
/ (kəˈmɒdɪtɪ) /
noun plural -ties
an article of commerce
something of use, advantage, or profit
economics an exchangeable unit of economic wealth, esp a primary product or raw material
obsolete
- a quantity of goods
- convenience or expediency
Word Origin for commodity
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.