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

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

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

Sep 19, 2025 · Commodities are basic raw materials used in commerce that are interchangeable with other goods of the same type and are primarily utilized as inputs in the production of other …

Definition of commodity noun from the Oxford Advanced Learner's Dictionary. (economics) a product or a raw material that can be bought and sold. Crude oil is the world's most important …

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 …

Aug 26, 2025 · Q1: What is a commodity in finance and trade? A: A commodity is a basic, standardised good—such as oil, gold, wheat, or coffee—that is interchangeable and traded …

A commodity is any useful or valuable thing, especially something that is bought and sold. Grain, coffee, and precious metals are all commodities.

1 day ago · Commodities are mostly the output of the primary sector, that is, agriculture and mining, or semi-processed products. Because these goods are standardized, commodity …