Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “commodity”

See all translations

commodity

noun [C]
 
 
/kəˈmɒdəti/
STOCK MARKET, FINANCE a substance or a product that can be traded in large quantities, such as oil, metals, grain, coffee, etc.: One big commodity that Canada exports is oil. Higher commodities prices boosted first-quarter profits. agricultural commodities
FINANCE a financial product that can be traded: Returning barren fields to their natural state as wetlands creates a host of "wetland mitigation credits," a commodity the company plans to sell.
NATURAL RESOURCES a thing or a quality that is useful: Water is a very scarce commodity in the region. Fluency in Arabic is a valuable commodity in a job market desperate for Arabic translators.
Translations of “commodity”
in Spanish producto, artículo…
in French marchandise…
in German die Ware…
in Chinese (Traditional) 商品,貨物, 寶貴素質…
in Russian товар…
in Turkish mal, ürün, emtia…
in Chinese (Simplified) 商品,货物, 宝贵品质…
in Polish towar…
(Definition of commodity from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of commodity?
Add Cambridge dictionaries to your browser to your website

Definitions of “commodity” in other dictionaries

Word of the Day

past participle

the form of a verb, usually made by adding -ed, used in some grammatical structures such as the passive and the present perfect

Word of the Day

Euphemisms (Words used to Avoid Offending People)

by Kate Woodford,
March 04, 2015
​​​ We recently looked at the language that we use to describe lies and lying. One area of lying that we considered was ‘being slightly dishonest, or not speaking the complete truth’. One reason for not speaking the complete truth is to avoid saying something that might upset or offend people. Words and

Read More 

snapchat verb

March 02, 2015
to send someone a message using the photomessaging application Snapchat We used to have a thing until he got a girlfriend. now

Read More