commodity

Also found in: Thesaurus, Medical, Legal, Financial, Acronyms, Encyclopedia, Wikipedia.

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.]

American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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]

Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

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:

Switch to new thesaurus

Noun

commodity - articles of commerce

trade good, good

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.

Collins Thesaurus of the English Language – Complete and Unabridged 2nd Edition. 2002 © HarperCollins Publishers 1995, 2002

commodity

noun

A product or products bought and sold in commerce:

good (used in plural), line, merchandise, ware.

Translations

سِلْعَه، بِضاعَه

druh zbožívýrobek

vare

Artikel Rohstoff Ware

αγαθό άνεση

artículo mercancía producto bien mercadería

avuhyödykemassahyödykeraaka-aine

marchandise produit bien denrée

vara

derrata materia prima merce prodotti fondamentali

reikmuo

patēriņa priekšmetsprece

handelsvare produkt

towar

druh tovaru

malticarî eşya

商品

commodity

[kəˈmɒdɪtɪ]

A. N → artículo m (de consumo or de comercio), producto m, mercancía f, mercadería f (LAm) (Fin, St Ex) → materia f prima

B. CPD commodity exchange N → bolsa f de artículos de consumo
commodity markets NPL → mercados mpl de materias primas
commodity trade N → comercio m de materias primas

Collins Spanish Dictionary - Complete and Unabridged 8th Edition 2005 © William Collins Sons & Co. Ltd. 1971, 1988 © HarperCollins Publishers 1992, 1993, 1996, 1997, 2000, 2003, 2005

commodity

[kəˈmɒdɪti] n

(= product) → marchandise f (= consumer good) → produit m, article m (= food) → denrée f

commodity

n → Ware 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 needs → Strom ist ein (Versorgungs)gut, das jedes Land braucht

Collins German Dictionary – Complete and Unabridged 7th Edition 2005. © William Collins Sons & Co. Ltd. 1980 © HarperCollins Publishers 1991, 1997, 1999, 2004, 2005, 2007

commodity

[kəˈmɒdɪtɪ] n → prodotto, 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.

View in context

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.

View in context

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.

If he had got safe with it to Amsterdam, there would have been just time between July 'forty-nine, and February 'fifty (when the young gentleman came of age) to cut the Diamond, and to make a marketable commodity

View in context

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.

View in context

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.

View in context

A commodity which is a more or less adulterated condition the State sells to the citizen as a reward for his allegiance, taxes and personal service.

View in context

And these laws, my readers, whom I consider as my subjects, are bound to believe in and to obey; with which that they may readily and cheerfully comply, I do hereby assure them that I shall principally regard their ease and advantage in all such institutions: for I do not, like a jure divino tyrant, imagine that they are my slaves, or my commodity. I am, indeed, set over them for their own good only, and was created for their use, and not they for mine.

View in context

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.

View in context

Third alternative: to turn the information I already possess to the best account, by making it a marketable commodity between Mr.

View in context

'A securities exchange or derivatives exchange intending to operate a commodities exchange shall set up a separate legal entity to conduct the business of commodity exchange,' it added.