commodity
Anything movable (a good) that is bought and sold.
Other meanings
Something useful or valuable.
Raw 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.”
Synonyms
- trade good
- good
Kinds of commodity
- basic
- consumer goods
- soft goods
- export
- fancy goods
- future
- import
- merchandise
Related words
- biocommodity
- commodify
- cryptocommodity
- discommodity
- multicommodity
- commodity money
- commoditize
- commodityism
- commodity currency
- commodity diplomacy
- commodity exchange
- commodity fetishism
Where this comes from
This definition is adapted from “commodity” on Wiktionary, by its contributors; related-word lists use Open English WordNet (CC BY 4.0, based on Princeton WordNet), published under CC BY-SA 4.0. This page is published under the same licence.