The meaning of COMMODITY is an economic good. How to use commodity in a sentence.

Most commodities are raw materials, basic resources, agricultural, or mining products, such as iron ore, sugar, or grains like rice and wheat. Commodities can also be mass-produced unspecialized …

Find the latest commodity prices including News, Charts, Realtime Quotes and even more about commodities.

Sep 19, 2025 · Commodities are traded on commodity exchanges and serve as the underlying investment for commodities futures and options contracts.

COMMODITY definition: 1. a substance or product that can be traded, bought, or sold: 2. a valuable quality: 3. a…. Learn more.

COMMODITY definition: an article of trade or commerce, especially a product as distinguished from a service. See examples of commodity used in a sentence.

Aug 7, 2025 · Commodities are undifferentiated products. They are distinct from branded products like cars, watches, or smartphones, which are generally identified by the company that makes them. …

Definition of commodity noun in Oxford Advanced American Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.

A commodity is an item that is traded on the market, such as wheat, gold, silver, oil, coffee, or sugar. The corporation provided $150 million to finance the exports of various commodities and food goods …

Aug 26, 2025 · A commodity is more than just a raw material—it is a cornerstone of global trade, economics, and financial markets. Defined by its fungibility, standardisation, and universal demand, a …