0%

commodity

com·mod·i·ty
C c

Transcription

    • US Pronunciation
    • US IPA
    • UK Pronunciation
    • UK IPA
    • [kuh-mod-i-tee]
    • /kəˈmɒd ɪ ti/
    • /kəˈmɒd.ə.ti/
    • US Pronunciation
    • US IPA
    • [kuh-mod-i-tee]
    • /kəˈmɒd ɪ ti/

Definitions of commodity word

  • countable noun commodity A commodity is something that is sold for money. 3
  • noun commodity an article of commerce 3
  • noun commodity something of use, advantage, or profit 3
  • noun commodity an exchangeable unit of economic wealth, esp a primary product or raw material 3
  • noun commodity a quantity of goods 3
  • noun commodity convenience or expediency 3
See all 26 definitions of commodity

Information block about the term

Origin of commodity

First appearance:

before 1375
One of the 22% oldest English words
1375-1425; late Middle English commodite < Anglo-French < Latin commoditās timeliness, convenience, equivalent to commod(us) (see commode) + -itās -ity

Historical Comparancy

Parts of speech for Commodity

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Full grammatical hierarchy of Commodity

commodity popularity

A common word. It’s meaning is known to most children of preschool age. About 93% of English native speakers know the meaning and use the word.
Most Europeans know this English word. The frequency of it’s usage is somewhere between "mom" and "screwdriver".

commodity usage trend in Literature

This diagram is provided by Google Ngram Viewer

Synonyms for commodity

noun commodity

  • product — a thing produced by labor: products of farm and factory; the product of his thought.
  • goods — morally excellent; virtuous; righteous; pious: a good man.
  • material — the substance or substances of which a thing is made or composed: Stone is a durable material.
  • produce — to bring into existence; give rise to; cause: to produce steam.
  • asset — Something or someone that is an asset is considered useful or helps a person or organization to be successful.
All 19 Synonyms of commodity

Antonyms for commodity

noun commodity

Just one Antonym for commodity

Top questions with commodity

  • what is a commodity?
  • what does commodity means?
  • what does commodity mean?
  • what is commodity?
  • what is an example of commodity money?
  • what is commodity money?
  • how do you spell commodity?
  • the babylonians in sumer used what as a monetary commodity?
  • which of the following is not a commodity?
  • what kind of goods are sold in the commodity market?
  • what are the disadvantages of commodity money?
  • what is the difference between commodity money and representative money?
  • what is a commodity product?
  • which is an example of a commodity?
  • what is the definition of commodity?

Related words

  • average

    An average is the result that you get when you add two or more numbers together and divide the total by the number of numbers you added together.

  • corner

    A corner is a point or an area where two or more edges, sides, or surfaces of something join.

  • traffic

    the movement of vehicles, ships, persons, etc., in an area, along a street, through an air lane, over a water route, etc.: the heavy traffic on Main Street.

  • commodity futures trading commission

    an independent regulatory agency, created in 1975, that supervises the trading of futures on commodity exchanges. Abbreviation: CFTC.

  • law of diminishing marginal utility

    the law that for a single consumer the marginal utility of a commodity diminishes for each additional unit of the commodity consumed.

  • markup

    Commerce. the amount added by a seller to the cost of a commodity to cover expenses and profit in fixing the selling price. the difference between the cost price and the selling price, computed as a percentage of either the selling price or the cost price. an increase in price, as of a commodity. the amount by which a price is increased.
All related words to commodity

See also

Matching words

Was this page helpful?
Yes No
Thank you for your feedback! Tell your friends about this page
Tell us why?