an article of commerce something of use, advantage, or profit an exchangeable unit of economic wealth, esp a primary product or raw material
WordReference Random House Learner's Dictionary of American English © 2026
com•mod•i•ty /kəˈmɑdɪti/USA pronunciation
n. [countable], pl. -ties.
WordReference Random House Unabridged Dictionary of American English © 2026- Businessan article of trade or commerce, esp. a product that can be bought or sold:wheat, rice, automobiles, and other commodities.
com•mod•i•ty
(kə mod′i tē),USA pronunciation n., pl. -ties.
- Businessan article of trade or commerce, esp. a product as distinguished from a service.
- Businesssomething of use, advantage, or value.
- Communications, Business[Stock Exchange.]any unprocessed or partially processed good, as grain, fruits, and vegetables, or precious metals.
- [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 futures' also found in these entries (note: many are not synonyms or translations):