Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English


English definition of “commodity product”

commodity product

noun [C]    
COMMERCE, MARKETING a product that is the same as other products of the same type from other producers or manufacturers : Sugar is a commodity product and no one company has more chance of controlling its supply and price level than any of its rivals . It is difficult to differentiate and brand commodity products like wood or steel .
(Definition of commodity product noun from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of commodity product

Word of the Day


a good knowledge of something, or the fact that you know it so well

Word of the Day


Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More