commodity Meaning in Cambridge Business English Dictionary
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Meaning of "commodity" - Business English Dictionary

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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 Vietnamese hàng hóa…
in Spanish producto, artículo…
in Thai สินค้า…
in Malaysian barang keperluan…
in French marchandise…
in German die Ware…
in Chinese (Traditional) 商品,貨物, 寶貴素質…
in Indonesian komoditi…
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)
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