commodity
kəˈmɒdəti
commodities
Definition Synonyms

Definition of commodity - Reverso English Dictionary

Noun

1.
businessTECH.raw materials sold in large quantitiesTECH.
  • Wheat is traded as a commodity on exchanges.
goods merchandise
2.
marketingTECH.undifferentiated goods with low profit marginTECH.
  • Sugar is often considered a commodity product.
goods merchandise product
3.
MarxismRareitem with use and exchange valueRare
  • In Marxism, a commodity has dual value.
goods merchandise product
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Expressions with commodity

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something in high demand or very popular
The new smartphone model is a hot commodity.
something valuable and rare
Water is a precious commodity in the desert.
quality that very few people or situations show
In politics, honest speech is often a rare commodity.
activity of buying and selling raw materials or basic goods for profit
Many investors use commodity trading to diversify their portfolios.
organization promoting trade in commodities
The Chicago Board of Trade is a well-known commodity exchange.
area of banking focused on funding trade in raw materials
She built her career in commodity finance at an international bank.

Origin of commodity

Latin, commoditas (convenience)

Terms with commodity included in their meaning

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business
entity supplying a service or commodity
exchange
convert a commodity or idea into cash
commerce
seller or dealer in a specific commodity
illegal commodity
monetary worth of a commodity sold illegally
control
gain exclusive control of a commodity or service
business
the principal commodity produced in a region
business
process of making something a standard commodity
business
gain control over a market or commodity

Examples of commodity in a sentence

  • Gold remains a valuable commodity in the global market.
  • Coffee is traded as a commodity on the stock exchange.
  • Wheat prices fluctuate as it is a global commodity.
  • A commodity in Marxism is more than just a product.
  • The concept of commodity is central to Marxist theory.

View all translations of commodity

Click below to see the appropriate translations facing each meaning.
  1. French:produit de base, marchandise, ...
  2. German:Rohstoff, Handelsware, ...
  3. Italian:prodotto, merce, ...
  4. Spanish:materia prima, bien de consumo, ...
  5. Portuguese:mercadoria, bem, ...
  6. Chinese:商品, 货物, ...
  7. Japanese:商品, 一般商品, ...
  8. Arabic:سِلْعَة, بِضَاعَة, ...
  9. Hebrew:קוֹמוֹדִיטִי, מוּצַר יְסוֹד, ...
  10. Russian:товар, продукт, ...
  11. Ukrainian:товар, предмет, ...
  12. Hindi:जिंस, सामान, ...

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