noun (plural -ties) Etymology: Middle English commoditee, from Anglo-French commoditee, from Latin commoditat-, commoditas, from commodus Date: 15th century 1. an economic good: as a. a product of agriculture or mining b. an article of commerce especially when delivered for shipment <
commodities futures
c. a mass-produced unspecialized product <
commodity chemicals
commodity memory chips
2. a. something useful or valued <
that valuable commodity patience
; also thing, entity b. convenience, advantage 3. obsolete quantity, lot 4. a good or service whose wide availability typically leads to smaller profit margins and diminishes the importance of factors (as brand name) other than price 5. one that is subject to ready exchange or exploitation within a market <
stars as individuals and as commodities of the film industryFilm Quarterly

New Collegiate Dictionary. 2001.


Look at other dictionaries:

  • commodity — com·mod·i·ty /kə mä də tē/ n pl ties: a class of economic goods; esp: an item of merchandise (as soybeans) whose price is the basis of futures trading Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. commodity …   Law dictionary

  • Commodity — Saltar a navegación, búsqueda Artículo principal: Commodity en inglés Una commodity, en inglés el término original, es un bien o servicio para el que existe demanda, pero que es provisto sin gran aportación de valor por el mercado. Se trata de un …   Wikipedia Español

  • Commodity — Com*mod i*ty, n.; pl. {Commodities}. [F. commodit[ e], fr. L. commoditas. See {Commode}.] 1. Convenience; accommodation; profit; benefit; advantage; interest; commodiousness. [Obs.] [1913 Webster] Drawn by the commodity of a footpath. B. Jonson.… …   The Collaborative International Dictionary of English

  • commodity — early 15c., benefit, profit, welfare; later a convenient or useful product, from M.Fr. commodité benefit, profit, from L. commoditatem (nom. commoditas) fitness, adaptation, convenience, advantage, from commodus suitable, convenient (see COMMODE… …   Etymology dictionary

  • commodity — /koˈmɔditi, ingl. kəˈmHdɪtɪ/ [vc. ingl., propr. «comodità, cosa utile»] s. f. inv. (econ.) materia prima, bene primario …   Sinonimi e Contrari. Terza edizione

  • commodity — [n] merchandise, possession article, asset, belonging, chattel, goods, line, material, object, produce, product, property, specialty, stock, thing, vendible, ware; concepts 338,710 …   New thesaurus

  • commodity — ► NOUN (pl. commodities) 1) a raw material or agricultural product that can be bought and sold. 2) something useful or valuable. ORIGIN Latin commoditas, from commodus convenient …   English terms dictionary

  • commodity — [kə mäd′ə tē] n. pl. commodities [ME & OFr commodite, benefit, profit < L commoditas, fitness, adaptation < commodus: see COMMODE] 1. any useful thing 2. anything bought and sold; any article of commerce 3. [pl.] basic items or staple… …   English World dictionary

  • Commodity — Wares redirects here. For the online distribution of copyrighted goods, see Warez …   Wikipedia

  • commodity — 01. Basic [commodities] such as rice and corn are heavily subsidized by the government. 02. The stocks were once a much desired [commodity], but have since lost over 70% of their original value. 03. In the desert, ice is an invaluable [commodity] …   Grammatical examples in English

  • Commodity —    According to Karl Marx, the commodity is the cornerstone of capitalism and commodity production is a key defining characteristic of capitalism. Marx begins his investigation of capitalism in Capital with an analysis of the commodity. A… …   Historical dictionary of Marxism

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”