Definition of Commodity:
A raw material or primary agricultural product that can be bought and sold, such as copper or coffee.
A reasonably interchangeable good or material, bought and sold freely as an article of commerce. Commodities include agricultural products, fuels, and metals and are traded in bulk on a commodity exchange or spot market.
Synonyms of Commodity
Item, Material, Type of produce, Product, Article, Object, Thing, Artefact, Piece of merchandise
How to use Commodity in a sentence?
- Commodities such as copper and coffee.
- In Iowa, corn is a very hot commodity that is widely produced, especially when growing conditions are optimal, and is even exported to supply the food source in other countries.
- In Iowa, corn is a commodity that is widely produced, especially when growing conditions are optimal, and is even exported to other countries.
- Some stock traders deal primarily with safe bets like natural resourse stocks because of the stable price range of that commodity.
Meaning of Commodity & Commodity Definition