Commodity Definition

kə-mŏdĭ-tē
commodities
noun
commodities
Any useful thing.
Webster's New World
Anything bought and sold; any article of commerce.
Webster's New World
A product or service that has become so standardized that buyers stop distinguishing between competing brands and typically seek the lowest price.
Webster's New World
Basic items or staple products, as of agriculture or mining.
Webster's New World
Personal advantage.
Webster's New World

Other Word Forms of Commodity

Noun

Singular:
commodity
Plural:
commodities

Origin of Commodity

  • Middle English commodite from Old French convenience from Latin commoditās from commodus convenient commodious

    From American Heritage Dictionary of the English Language, 5th Edition

  • Middle English commoditee, from Anglo-Norman commoditee, from Latin commoditat, commoditas.

    From Wiktionary

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