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- nouncommodity (noun) · commodities (plural noun)Originlate Middle English: from Old French commodite or Latin commoditas, from commodus (see commodious).
- Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.a substance or a product that can be traded in large quantities, such as oil, metals, grain, coffee, etc.: One big commodity that Canada exports is oil. Higher commodities prices boosted first-quarter profits.dictionary.cambridge.org/dictionary/english/commo…Commodities are basic goods and materials that are widely used and are not meaningfully differentiated from one another.www.investopedia.com/terms/c/commodity.aspcommodity / (kəˈmɒdɪtɪ) / noun plural -ties an article of commerce something of use, advantage, or profit economics an exchangeable unit of economic wealth, esp a primary product or raw materialwww.dictionary.com/browse/commodity: an economic good: such as a : a product of agriculture or mining agricultural commodities like grain and corn b : an article of commerce especially when delivered for shipment reported the damaged commodities to officialswww.merriam-webster.com/dictionary/commodity
Commodity Definition & Meaning - Merriam-Webster
WEBA commodity is an economic good, such as a product of agriculture or mining, or an article of commerce, or a good or service that is subject to market exchange. Learn more about …
COMMODITY | English meaning - Cambridge Dictionary
WEBA commodity is a substance or product that can be traded, bought, or sold, or a valuable quality. Learn more about the different types and uses of commodities, with …
COMMODITY Definition & Meaning | Dictionary.com
WEBA commodity is an article of trade or commerce, especially a product as distinguished from a service. Learn the origin, synonyms, and related words of commodity, and see how it …
Commodity - Wikipedia
In economics, a commodity is an economic good, usually a resource, that specifically has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced them.
The price of a commodity good is typically determined as a function of its market as a whole: well-established physical commodities have actively traded spot andWikipedia · Text under CC-BY-SA licenseWhat Are Commodities and Understanding Their Role …
WEBJan 23, 2024 · Commodities are raw materials or basic goods that are interchangeable and used in production or trade. Learn about the different types of commodities, how they are traded, and why they are …
Commodity - Definition, Meaning & Synonyms | Vocabulary.com
WEBA commodity is any useful or valuable thing, especially something that is bought and sold. Grain, coffee, and precious metals are all commodities. The word commodity is …
COMMODITY definition and meaning | Collins English Dictionary
WEB1 day ago · A commodity is something that is sold for money, such as a product, a raw material, or a service. Learn more about the different types, meanings, and uses of …
commodity noun - Definition, pictures, pronunciation and usage …
WEBA commodity is a product or a raw material that can be bought and sold, or a useful thing. Learn how to use the word commodity in different contexts, with synonyms, collocations …
COMMODITY | meaning - Cambridge Learner's Dictionary
WEBA commodity is a product that you can buy or sell, such as a car, a house, or a piece of jewelry. The word comes from the Latin commodus, meaning "to be useful for many …
Commodity Definition & Meaning | Britannica Dictionary
WEBLearn the meaning of commodity as a noun, with examples of agricultural and oil commodities, and as a measure of usefulness or value. Find out how to use commodity …
COMMODITY | definition in the Cambridge English Dictionary
WEBA commodity is a substance or product that can be traded, bought, or sold, or a valuable quality. Learn more about the different types and uses of commodities, and see …
Commodity | Meaning & Example | InvestingAnswers
WEBMay 12, 2021 · A commodity is a raw material that is bought and sold but is interchangeable with other materials of the same type -- such as oranges or lumber. …
What Is a Commodity in Economics? - ThoughtCo
WEBSep 12, 2019 · By. Mike Moffatt. Updated on September 12, 2019. In economics, a commodity is defined as a tangible good that can be bought and sold or exchanged …
What Is a Commodity? - The Balance
WEBMay 28, 2022 · In This Article. Definition and Example of a Commodity. How Commodities Work. What It Means for Individual Investors. Alternatives to Commodities. Photo: Getty …
commodity noun - Definition, pictures, pronunciation and usage …
WEBDefinition of commodity noun from the Oxford Advanced American Dictionary. commodity. noun. /kəˈmɑdət̮i/ (pl. commodities) (economics) a product or a raw …
commodity, n. meanings, etymology and more - Oxford English …
WEBA commodity is a noun that can mean a good or service that can be bought or sold, or a good or service that is useful or desirable. Learn about the etymology, pronunciation, …
What are Commodities? Definition & Examples | Finbold
WEBJan 19, 2022 · What is a commodity? Definition. A commodity is an essential good or material used in commerce to produce and manufacture other goods or services. …
commodity | definition in the Cambridge Learner’s Dictionary
WEBDefinition of commodity – Learner’s Dictionary. commodity. noun [ C ] uk/kəˈmɒdəti/us. a product that you can buy or sell. Want to learn more? Improve your vocabulary with …
Commodity Market: Definition, Types, Example, and How It Works
WEBFeb 23, 2024 · A commodity market involves buying, selling, or trading raw products like oil, gold, or coffee. There are hard commodities, which are generally natural …
What Are Commodities? Definition And Examples | Bankrate
WEBOct 16, 2023 · Commodities are tangible raw materials that can be traded and exchanged for other similar basic goods. Some common examples are crude oil, corn …
COMMODITY definition in American English | Collins English …
WEB2 days ago · A commodity is something that is sold for money, such as a product, a service, or a raw material. Learn more about the different types, uses, and meanings of …
Commodity vs. Product: What's the Difference? - Investopedia
WEBJul 22, 2023 · A commodity is a raw material used in the production process to manufacture finished goods, while a product is a finished good sold to consumers. Learn how …
COMMODITY Synonyms: 33 Similar and Opposite Words
WEBFind 33 words that mean the same or the opposite of commodity, a noun that refers to something that has a real and independent existence or is bought and sold in business. …
Grab Reports First Quarter 2024 Results | Markets Insider
WEB16 hours ago · Revenue grew 24% year-over-year, or 29% on a constant currency basis to $653 million; On-Demand GMV grew 18% year-over-year, or 21% on a constant …
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