commodity

English

/kəˈmɑdəti/, /kəˈmɒdəti/

noun
Definitions
  • Anything movable (a good) that is bought and sold.
  • Something useful or valuable.
  • (economics) raw 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-Self-interest; personal convenience or advantage.

Etymology

Inherited from Middle English commoditee derived from commoditee derived from Latin commoditās.

Origin

Latin

commoditās

Gloss

Timeline

Distribution of cognates by language

Geogrpahic distribution of cognates

Cognates and derived terms