commodity.
Anything movable (a good) that is bought and sold.
Meaning & usage
Anything movable (a good) that is bought and sold.
Something useful or valuable.
Raw materials, agricultural and other primary products as objects of large-scale trading in specialized exchanges.
The price of crude oil is determined in continuous trading between professional players in World's many commodities exchanges.
Undifferentiated goods characterized by a low profit margin and (usually) fungibility, as distinguished from branded products not wholly fungible.
Although they were once in the forefront of consumer electronics, the calculators have become a mere commodity.
Anything which has both a use value and an exchange value.
Convenience; usefulness, suitability.
Self-interest; personal convenience or advantage.
Where this word comes from
Etymology tree Proto-Indo-European *ḱe? Proto-Indo-European *ḱóm Proto-Italic *kom Proto-Italic *kom- Latin com- Proto-Indo-European *med- Proto-Indo-European *-os Proto-Italic *medos Latin modus Latin commodus Proto-Indo-European *-teh₂ Proto-Indo-European *-ts Proto-Indo-European *-teh₂ts Proto-Italic *-tāts Latin -tās Latin commoditāsder. Anglo-Norman commoditeebor. Middle English commoditee English commodity Inherited from Middle English commoditee, borrowed from Anglo-Norman commoditee, from Latin commoditās.
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Definitions, grammatical labels, IPA, etymology and examples: Wiktionary contributors, extracted by Kaikki / Wiktextract. Adapted under CC BY-SA 4.0. Selected fields and authored examples are shown; third-party quotations and audio are omitted. See contributor history.
Last enriched 2026-09-10. Definitions are in English. Romanizations are shown when supplied by the source; syllable estimates are omitted for unsupported scripts.