commodity

[kuh-mod-i-tee]
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.
  3. Stock Exchange. any unprocessed or partially processed good, as grain, fruits, and vegetables, or precious metals.
  4. Obsolete. a quantity of goods.

Origin of commodity

1375–1425; late Middle English commodite < Anglo-French < Latin commoditās timeliness, convenience, equivalent to commod(us) (see commode) + -itās -ity
Related formsnon·com·mod·i·ty, adjective, noun, plural non·com·mod·i·ties.
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

British Dictionary definitions for non-commodity

commodity

noun plural -ties
  1. an article of commerce
  2. something of use, advantage, or profit
  3. economics an exchangeable unit of economic wealth, esp a primary product or raw material
  4. obsolete
    1. a quantity of goods
    2. 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

Word Origin and History for non-commodity

commodity

n.

early 15c., "benefit, profit, welfare;" later "a convenient or useful product," from Middle French commodité "benefit, profit," from Latin commoditatem (nominative commoditas) "fitness, adaptation, convenience, advantage," from commodus "suitable, convenient" (see commode). General sense "property possession" is from c.1500.

Online Etymology Dictionary, © 2010 Douglas Harper

non-commodity in Culture

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.