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Commodity

noun
/kəˈmɒdəti/
Word Frequency: 10.2

Definitions

1.nounAnything movable (a good) that is bought and sold.
2.nounSomething useful or valuable.
3.nounRaw materials, agricultural and other primary products as objects of large-scale trading in specialized exchanges.
"The price of crude oil is determined in continuous trading between professional players in World's many commodities exchanges."
4.nounUndifferentiated goods characterized by a low profit margin, as distinguished from branded products.
"Although they were once in the forefront of consumer electronics, the calculators have become a mere commodity."
5.nounAnything which has both a use-value and an exchange-value.
6.nounConvenience; usefulness, suitability.
7.nounSelf-interest; personal convenience or advantage.

Synonyms

goodsproducttradewaressuppliesoutputproducermerchandisestock-in-tradecommercializationconsumerproceeds

Rhymes With

oddityconticommodityhamada tharada tla detteokada tsa dettesalada tea
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