commodity

UK: /kəˈmɒdɪti/ US: /kəˈmɑdɪti/ ,(kə mod′i tē)

Inflections of 'commodity' (n): npl: commodities

WordReference Random House Learner's Dictionary of American English © 2025

com•mod•i•ty /kəˈmɑdɪti/   n. [countable] , pl. -ties. 

1. Business an article of trade or commerce, esp. a product that can be bought or sold:
   wheat, rice, automobiles, and other commodities.

WordReference Random House Unabridged Dictionary of American English © 2025

com•mod•i•ty  (kə mod′i tē), n., pl. -ties. 

1. Business an article of trade or commerce, esp. a product as distinguished from a service.
2. Business something of use, advantage, or value.
3. Communications, Business [Stock Exchange.] any unprocessed or partially processed good, as grain, fruits, and vegetables, or precious metals.
4. [Obs.] a quantity of goods.

• Latin commoditās timeliness, convenience, equivalent. to commod(us) (see commode) + -itās -ity
• Anglo-French
• late Middle English commodite 1375–1425

Collins Concise English Dictionary © HarperCollins Publishers::

commodity / kəˈmɒdɪtɪ/ noun ( -ties)

1. an article of commerce
2. something of use, advantage, or profit
3. an exchangeable unit of economic wealth, esp a primary product or raw material

Etymology: 14th Century: from Old French commodité, from Latin commoditās suitability, benefit; see commodious