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.

commodity

/ kəˈmɒdɪtɪ /

noun

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

commodity

1. Any product manufactured or grown.

Other Words From

• noncom·modi·ty adjective noun plural noncommodities

Word History and Origins

Origin of commodity¹

First recorded in 1375–1425; late Middle English commodite, from Anglo-French, from Latin commoditās “timeliness, convenience,” equivalent to commod(us) ( commode ) + -itās -ity

Word History and Origins

Origin of commodity¹

C14: from Old French commodité, from Latin commoditās suitability, benefit; see commodious

Example Sentences

As the years passed, paracord became a common civilian commodity.

From Popular-Science

According to Colyer, these failures often arise because companies fail to understand the cyclical nature of crypto mining, which he likens to the price swings that occur in commodity markets.

From Fortune

In fact, Goldman is tracking cross-border investment flows into equities, commodities and fixed-income assets.

From Fortune

Left-handed pitching has long been one of the most prized commodities in professional baseball.

From FiveThirtyEight

Other people have suggested that we ought to have accounted for incumbency in the uncertainty index, on the theory that when incumbents are running for reelection, they are known commodities, which should reduce volatility.

From FiveThirtyEight

If we begin to see the other as our possession and commodity, our shoe, the shadow of our shadow, is there ever a happy outcome?

From The Daily Beast

If they run off with somebody else, we say they were stolen—as if they are an object or a commodity.

From The Daily Beast

Taylor knows not only the value of her commodity, but also how to control it.

From The Daily Beast

Access has become a master commodity, an experience that can be granted or charged for but never owned.

From The Daily Beast

It is not a scarce commodity to be meted out begrudgingly or in short portions.

From The Daily Beast

Of late she hasn't had very much of the latter commodity, and she was quite bowled over.

From Project Gutenberg

Formerly, when a commodity was adulterated, it could be returned, and the courts became sorely troubled to defend an adulteration.

From Project Gutenberg

He wished to procure a barrel of salt, as the supply of that commodity was exhausted in his part of the country.

From Project Gutenberg

When there are milles & other deuises for the purpose, a commodity of them may be raised because there are infinite store.

From Project Gutenberg

These Bostonians in their crisis bought every available commodity from Plymouth, and for cattle they exchanged horses.

From Project Gutenberg

Related Words

• asset
• goods
• material
• produce
• product
• property
• stock