commodity
IPA: kʌmˈɑdʌti
noun
- (business) Anything movable (a good) that is bought and sold.
- Something useful or valuable.
- (economics) Raw materials, agricultural and other primary products as objects of large-scale trading in specialized exchanges.
- (marketing) Undifferentiated goods characterized by a low profit margin, as distinguished from branded products.
- (Marxism) Anything which has both a use value and an exchange value.
- (obsolete) Convenience; usefulness, suitability.
- (obsolete) Self-interest; personal convenience or advantage.
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Examples of "commodity" in Sentences
- It is the commodity in the system.
- The commodity is pamphlet, not the text.
- Expectation of change in the price of commodity.
- The etymology reflects the spread of the commodity.
- Cotton was the chief commodity in the nineteenth century.
- As a commodity the spectacular is developed to the detriment of the real.
- The commodity itself constitutes the money, and the money is the commodity.