commodity
Meaning
- (countable, uncountable) Anything movable (a good) that is bought and sold.
- (countable, uncountable) Something useful or valuable.
- (countable, uncountable) Raw materials, agricultural and other primary products as objects of large-scale trading in specialized exchanges.
- (countable, uncountable) Undifferentiated goods characterized by a low profit margin and (usually) fungibility, as distinguished from branded products not wholly fungible.
- (Marxism, countable, uncountable) Anything which has both a use value and an exchange value.
- (countable, obsolete, uncountable) Convenience; usefulness, suitability.
- (countable, obsolete, uncountable) Self-interest; personal convenience or advantage.
Synonyms
article of commerce
trade good
article of sale
Translations
marchandise
Ware
mercadoria
mercancía
mercaderia
merce
waarFrequency
Pronounced as (IPA)
/kəˈmɑdəti/
Etymology
In summary
From Middle English commoditee, from Anglo-Norman commoditee, from Latin commoditās.
Notes
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