The government increased prices on several basic commodities like bread and meat.
Synonyms: goods, produce, stock, products More Synonyms of commodity
commodity in British English
(kəˈmɒdɪtɪ)
nounWord forms: plural-ties
1.
an article of commerce
2.
something of use, advantage, or profit
3. economics
an exchangeable unit of economic wealth, esp a primary product or raw material
4. obsolete
a.
a quantity of goods
b.
convenience or expediency
Word origin
C14: from Old French commodité, from Latin commoditās suitability, benefit; see commodious
commodity in American English
(kəˈmɑdəti)
nounWord forms: pluralcomˈmodities
1.
any useful thing
2.
anything bought and sold; any article of commerce
3. [pl.]
basic items or staple products, as of agriculture or mining
4. Archaic
personal advantage
Word origin
ME & OFr commodite, benefit, profit < L commoditas, fitness, adaptation < commodus: see commode
commodity in Finance
(kəmɒdɪti)
Word forms: (plural) commodities
noun
(Finance: Investment)
A commodity is an item that is traded on the market, such as wheat, gold, silver, oil, coffee, or sugar.
The corporation provided $150 million to finance the exports of various commodities and food goods including cotton and tobacco.
Commodities widely traded on exchanges around the world are agricultural products and raw materialssuch as oil and copper.
A commodity is an item that is traded on the market, such as wheat, gold, silver, oil, coffee,or sugar.
Talking about commoditiesPeople trade commodities when then buy and sell them. If they buy commodities from another country,they import them, and if they sell them to another country, they export them.
Examples of 'commodity' in a sentence
commodity
Suppliers are being squeezed by raw commodity price swings and by sterling.
Times, Sunday Times (2016)
Experts say that the rising costs will inevitably feed through to higher consumer prices and commodities traders warn that the cost might move higher still.
Times, Sunday Times (2016)
There is also increasing global demand for soft commodities in the use of alternative fuels.
Times, Sunday Times (2007)
It is cheaper to invest in an exchange traded commodity.
Times, Sunday Times (2014)
The opportunity to pounce again came as the commodity boom collapsed.
Times, Sunday Times (2009)
Prices of basic commodities are rising monthly along with despair.
Times, Sunday Times (2013)
The company has profited indirectly from the global food and commodity boom.
Times, Sunday Times (2007)
Any basic commodity that is fuel intensive will suffer some form of price inflation.
Times, Sunday Times (2011)
Some see the commodities boom as a bubble that will soon pop.
Times, Sunday Times (2008)
Public confidence is fragile after a torrid year that has seen a surge in the price of basic commodities.
Times, Sunday Times (2011)
It was just a commodity product.
Times, Sunday Times (2014)
Then when the laborers complete the production process, the capitalist sells the commodities for more money.
Hunt, E. K. Property and Prophets: The Evolution of Economic Institutions and Ideologies (1995)
Commodity products make up the bulk of sales, said a company spokesman.
Times, Sunday Times (2006)
The bank will continue to trade financial products linked to oil and gas, precious metals and some products that track commodities indices.
Times, Sunday Times (2014)
A weaker dollar and economic uncertainty hurt miners, as weaker economies use less commodities.
Times, Sunday Times (2010)
Nowadays restaurants don't charge for salt but in the past it was such a precious commodity it was used as a form of trade.
The Sun (2013)
For commodities traders, shipping lines and banks, the costs have been punitive.
Times, Sunday Times (2012)
The miner and commodities trader embarked on a plan in September to cut its $30 billion of debt.
Times, Sunday Times (2016)
You could, for example, buy an exchange traded commodity fund that tracks the price of corn.
Times, Sunday Times (2007)
A commodity is something that is not valued for what it is, but for what it may beexchanged for.
Christianity Today (2000)
The investment banking arm has delivered strong profits growth in recent years by pushing both its clients' and its own capital into commodities and currency speculation.
Times, Sunday Times (2006)
In addition, it owns numerous mines directly, but the company is best known as a commodities trader.
Times, Sunday Times (2011)
Otherwise, aside from buying bullion itself, exchange traded commodities are the most direct route into the precious metal.
Times, Sunday Times (2012)
The index is made up of agricultural commodities used to produce ethanol, such as corn, sugar and wheat.
Times, Sunday Times (2006)
In other languages
commodity
British English: commodity NOUN
A commodity is something that is sold for money.
Prices went up on several basic commodities like bread and meat.
American English: commodity
Brazilian Portuguese: mercadoria
Chinese: 商品
European Spanish: mercancía
French: marchandise
German: Ware
Italian: prodotto
Japanese: 商品
Korean: 상품
European Portuguese: mercadoria
Latin American Spanish: mercancía
All related terms of 'commodity'
commodity cycle
A cycle is a series of events or processes that is repeated again and again, always in the same order.
commodity loan
a loan made to producers of commodities , whereby the trader buys commodities on credit and returns the loan after the commodities are sold
commodity trade
trade in raw materials and food
commodity dollar
the unit of a proposed system of currency, that would have a fluctuating gold value determined at regular intervals on the basis of an official index of the prices of key commodities
commodity exchange
an exchange where commodities are traded
commodity markets
stock markets in which commodities are traded
commodity-producing countries
countries that produce raw materials and food
Chinese translation of 'commodity'
commodity
(kəˈmɔdɪtɪ)
n(c)
商品 (shāngpǐn) (件, jiàn)
(noun)
Definition
something that can be bought or sold
The government increased prices on several basic commodities.
Synonyms
goods
produce
I buy organic produce whenever possible.
stock
We took a decision to withdraw a quantity of stock from sale.
products
merchandise
25% off selected merchandise
wares
Additional synonyms
in the sense of merchandise
Definition
goods for buying, selling, or trading with
25% off selected merchandise
Synonyms
goods,
produce,
stock,
products,
truck,
commodities,
staples,
wares,
stock in trade,
vendibles
in the sense of produce
Definition
something produced
I buy organic produce whenever possible.
Synonyms
fruit and vegetables,
goods,
food,
products,
crops,
yield,
harvest,
greengrocery (British)
in the sense of stock
Definition
the total amount of goods kept on the premises of a shop or business
We took a decision to withdraw a quantity of stock from sale.