YOUR VOCABULARY, ONE WORD AT A TIME

commodity

Noun

IPA /kəˈmɒdəti/

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Meaning in plain English

A product or raw material that can be bought and sold.

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Pronunciation

commodity/kəˈmɒdəti/

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Goods such as grain
Bought and sold

A commodity is a product or raw material that people trade.

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At the market, rice was the most widely traded commodity.
The class studied how the price of a commodity such as cotton can change.

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At the market, rice was the most widely traded ________.

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commodity — A product or raw material that can be bought and sold.

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A product or raw material that can be bought and sold.

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Word origin

From French commodite or Latin commoditas, related to commodus, meaning convenient.

Did you know?

Commodity often refers to basic goods such as grain, oil or metals.

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