Commodity

Commodity,

Definition of Commodity:

  1. A raw material or primary agricultural product that can be bought and sold, such as copper or coffee.

  2. 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?

  1. Commodities such as copper and coffee.
  2. 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.
  3. In Iowa, corn is a commodity that is widely produced, especially when growing conditions are optimal, and is even exported to other countries.
  4. 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