commodity
Americannoun
plural
commodities-
an article of trade or commerce, especially a product as distinguished from a service.
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something of use, advantage, or value.
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Stock Exchange. any unprocessed or partially processed good, as grain, fruits, and vegetables, or precious metals.
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Obsolete. a quantity of goods.
noun
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an article of commerce
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something of use, advantage, or profit
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economics an exchangeable unit of economic wealth, esp a primary product or raw material
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obsolete
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a quantity of goods
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convenience or expediency
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Other Word Forms
- noncommodity adjective
Etymology
Origin of commodity
First recorded in 1375–1425; late Middle English commodite, from Anglo-French, from Latin commoditās “timeliness, convenience,” equivalent to commod(us) ( commode ) + -itās -ity
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
The actual models by themselves could end up becoming commodities, he added.
From MarketWatch
Monitoring tools are built on decades of observing activity in commodities markets, DeWitt says.
From Barron's
Neville also says that gold is very expensive, whether using valuation metrics such as inflation-adjusted price, multiple of extraction cost, other commodity relatives or proportion of global wealth.
From MarketWatch
The announcement comes days after a report by Citrini Research theorized that human intelligence would no longer be an in-demand commodity in the age of artificial intelligence.
Softer appetite for big-ticket purchases affects commodity demand.
From MarketWatch
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
