commodity
11Commodity — 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… …
12commodity — An article of commerce or a product that can be used for commerce. In a narrow sense, products traded on an authorized commodity exchange. The types of commodities include agricultural products, metals, petroleum, foreign currencies, and… …
13Commodity — A commodity is food, metal, or another physical substance that investors buy or sell, usually via futures contracts. The New York Times Financial Glossary * * * commodity com‧mod‧i‧ty [kəˈmɒdti ǁ kəˈmɑː ] noun commodities PLURALFORM [countable]… …
14Commodity — 1. A basic good used in commerce that is interchangeable with other commodities of the same type. Commodities are most often used as inputs in the production of other goods or services. The quality of a given commodity may differ slightly, but it …
15commodity — noun 1 product/raw material ADJECTIVE ▪ basic, important, primary ▪ cheap ▪ expensive ▪ rare, scarce …
16commodity — 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 …
17commodity */*/ — UK [kəˈmɒdətɪ] / US [kəˈmɑdətɪ] noun [countable] Word forms commodity : singular commodity plural commodities 1) something that can be bought and sold, especially a basic food product or fuel 2) something that is useful or necessary Time is our… …
18commodity — A commodity is the form a product takes when the material means of existence are organized through exchange. Commodities have two values: their immediate use in satisfying some need or desire, and their use as vehicles of exchange. Money is… …
19commodity — n. 1) to trade in commodities 2) a farm; marketable; staple commodity * * * [kə mɒdɪtɪ] marketable staple commodity a farm to trade in commodityies …
20commodity — com|mod|i|ty [kəˈmɔdıti US kəˈma: ] n plural commodities [Date: 1400 1500; : French; Origin: commodité, from Latin commoditas, from commodus; COMMODE] 1.) a product that is bought and sold ▪ agricultural commodities ▪ Commodity prices fell… …
