Meaning & use
commodity
A raw material or primary agricultural product that can be bought, sold, or traded, usually in bulk.
See it in a sentence
Coffee remains one of the most heavily traded commodities on global financial markets.
A sudden drought sent the price of that commodity climbing sharply within weeks.
A note on using this word
Commodity usually refers to a standardized, interchangeable product like oil or wheat, unlike goods, which can describe any manufactured item.
Words with a similar meaning
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Make it your own
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