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English definition of “commodity”

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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 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)
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