commodity


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Related to commodity: Commodity market, Commodity Futures

com·mod·i·ty

 (kə-mŏd′ĭ-tē)
n. pl. com·mod·i·ties
1. Something useful that can be turned to commercial or other advantage: "Left-handed, power-hitting third basemen are a rare commodity in the big leagues" (Steve Guiremand).
2. A product or service that is indistinguishable from ones manufactured or provided by competing companies and that therefore sells primarily on the basis of price rather than quality or style.
3. Archaic Advantage; benefit.

[Middle English commodite, from Old French convenience, from Latin commoditās, from commodus, convenient; see commodious.]

commodity

(kəˈmɒdɪtɪ)
n, pl -ties
1. (Economics) an article of commerce
2. something of use, advantage, or profit
3. (Economics) economics an exchangeable unit of economic wealth, esp a primary product or raw material
4. (Economics) a quantity of goods
5. convenience or expediency
[C14: from Old French commodité, from Latin commoditās suitability, benefit; see commodious]

com•mod•i•ty

(kəˈmɒd ɪ ti)

n., pl. -ties.
1. an article of trade or commerce, esp. a product as distinguished from a service.
2. something of use, advantage, or value.
3. any unprocessed or partially processed good, as a grain, fruit or vegetable, or a precious metal.
4. Obs. a quantity of goods.
[1375–1425; late Middle English commodite < Anglo-French < Latin commoditās timeliness, convenience <commod(us) (see commode)]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.commodity - articles of commercecommodity - articles of commerce      
artefact, artifact - a man-made object taken as a whole
staple, basic - (usually plural) a necessary commodity for which demand is constant
consumer goods - goods (as food or clothing) intended for direct use or consumption
drygoods, soft goods - textiles or clothing and related merchandise
entrant - a commodity that enters competition with established merchandise; "a well publicized entrant is the pocket computer"
export, exportation - commodities (goods or services) sold to a foreign country
fancy goods - goods that are chiefly ornamental
fungible - a commodity that is freely interchangeable with another in satisfying an obligation
future - bulk commodities bought or sold at an agreed price for delivery at a specified future date
import, importation - commodities (goods or services) bought from a foreign country
merchandise, product, ware - commodities offered for sale; "good business depends on having good merchandise"; "that store offers a variety of products"
middling - any commodity of intermediate quality or size (especially when coarse particles of ground wheat are mixed with bran)
shopping - the commodities purchased from stores; "she loaded her shopping into the car"women carrying home shopping didn't give me a second glance"
sporting goods - sports equipment sold as a commodity
worldly good, worldly possession - a commodity or good associated with the earthly, rather than the spiritual, existence of human beings
salvage - property or goods saved from damage or destruction

commodity

noun (usually plural) goods, produce, stock, products, merchandise, wares The government increased prices on several basic commodities.

commodity

noun
A product or products bought and sold in commerce:
good (used in plural), line, merchandise, ware.
Translations
سِلْعَه، بِضاعَه
druh zbožívýrobek
vare
avuhyödykemassahyödykeraaka-aine
vara
reikmuo
patēriņa priekšmetsprece
druh tovaru
malticarî eşya

commodity

[kəˈmɒdɪtɪ]
A. Nartículo m (de consumo or de comercio), producto m, mercancía f, mercadería f (LAm) (Fin, St Ex) → materia f prima
B. CPD commodity exchange Nbolsa f de artículos de consumo
commodity markets NPLmercados mpl de materias primas
commodity trade Ncomercio m de materias primas

commodity

[kəˈmɒdɪti] n
(= product) → marchandise f (= consumer good) → produit m, article m (= food) → denrée f

commodity

nWare f; (agricultural) → Erzeugnis nt; basic or staple commodities (natural) → Grundstoffe pl; (St Ex) → Rohstoffe pl; (manufactured) → Bedarfsgüter pl; (= foodstuffs)Grundnahrungsmittel pl; electricity is a commodity which every country needsStrom ist ein (Versorgungs)gut, das jedes Land braucht

commodity

[kəˈmɒdɪtɪ] nprodotto, articolo; (food) → derrata
basic commodities → beni mpl di prima necessità

commodity

(kəˈmodəti) plural comˈmodities noun
an article which is bought or sold. soap, toothpaste and other household commodities.
References in classic literature ?
With respect to gaining money by exchange, the principal method of doing this is by merchandise, which is carried on in three different ways, either by sending the commodity for sale by sea or by land, or else selling it on the place where it grows; and these differ from each other in this, that the one is more profitable, the other safer.
They were such a pair as wholesale merchants use for weighing bulky commodities; and quite a bulky commodity was now to be weighed in them.
But for this miserable obstacle, he might have taken the Diamond to Amsterdam, and have made a marketable commodity of it, by having it cut up into separate stones.
Again, it is sometimes like Sibylla's offer; which at first, offereth the commodity at full, then consumeth part and part, and still holdeth up the price.
I am sorry when my independence is invaded, or when a gift comes from such as do not know my spirit, and so the act is not supported; and if the gift pleases me overmuch, then I should be ashamed that the donor should read my heart, and see that I love his commodity, and not him.
A commodity which is a more or less adulterated condition
tyrant, imagine that they are my slaves, or my commodity.
These labourers, who must sell themselves piece-meal, are a commodity, like every other article of commerce, and are consequently exposed to all the vicissitudes of competition, to all the fluctuations of the market.
But the price of a commodity, and therefore also of labour, is equal to its cost of production.
Third alternative: to turn the information I already possess to the best account, by making it a marketable commodity between Mr.
Effective immediately, Deutsche Bank's Commodity Trade Finance team EMEA, led by Willem Calame, will report to John MacNamara, Deutsche Bank's global head of Structured Commodity Trade Finance.
Nuveen Investments Inc, an operating division of TIAA Global Asset Management, reported on Monday that the Nuveen Diversified Commodity Fund (NYSE MKT:CFD) and the Nuveen Long/Short Commodity Total Return Fund (NYSE MKT:CTF) have declared regular monthly distributions of USD0.