[ 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.
THINGAMABOB OR THINGUMMY: CAN YOU DISTINGUISH BETWEEN THE US AND UK TERMS IN THIS QUIZ?
Do you know the difference between everyday US and UK terminology? Test yourself with this quiz on words that differ across the Atlantic.
Question 1 of 7
In the UK, COTTON CANDY is more commonly known as…
Origin of commodity
OTHER WORDS FROM commoditynon·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. 2023
British Dictionary definitions for 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
- 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
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.