Commodities



[kuh-mod-i-tee] /kəˈmɒd ɪ ti/

noun, plural commodities.
1.
an article of trade or commerce, especially a product as distinguished from a service.
2.
something of use, advantage, or value.
3.
Stock Exchange. any unprocessed or partially processed good, as grain, fruits, and vegetables, or precious metals.
4.
Obsolete. a quantity of goods.
/kəˈmɒdɪtɪ/
noun (pl) -ties
1.
an article of commerce
2.
something of use, advantage, or profit
3.
(economics) an exchangeable unit of economic wealth, esp a primary product or raw material
4.
(obsolete)

n.

early 15c., “benefit, profit, welfare;” later “a convenient or useful product,” from Middle French commodité “benefit, profit,” from Latin commoditatem (nominative commoditas) “fitness, adaptation, convenience, advantage,” from commodus “suitable, convenient” (see commode). General sense “property possession” is from c.1500.

Any product manufactured or grown.

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  • Commoditization

    n. 1965, from commodity + -ization; the businessman’s word; the Marxist’s is commodification.

  • Commoditize

    [kuh-mod-i-tahyz] /kəˈmɒd ɪˌtaɪz/ verb (used with object), commoditized, commoditizing. 1. . [kuh-mod-uh-fahy] /kəˈmɒd əˌfaɪ/ verb (used with object), commodified, commodifying. 1. to turn into a commodity; make commercial. 2. to treat as if a commodity. /kəˈmɒdɪˌtaɪz/ verb 1. (transitive) another term for commodify /kəˈmɒdɪˌfaɪ/ verb -fies, -fying, -fied 1. (transitive) to treat (something) inappropriately as […]



  • Commoditized

    [kuh-mod-i-tahyz] /kəˈmɒd ɪˌtaɪz/ verb (used with object), commoditized, commoditizing. 1. . [kuh-mod-uh-fahy] /kəˈmɒd əˌfaɪ/ verb (used with object), commodified, commodifying. 1. to turn into a commodity; make commercial. 2. to treat as if a commodity. /kəˈmɒdɪˌfaɪ/ verb -fies, -fying, -fied 1. (transitive) to treat (something) inappropriately as if it can be acquired or marketed like […]

  • Commoditizing

    [kuh-mod-i-tahyz] /kəˈmɒd ɪˌtaɪz/ verb (used with object), commoditized, commoditizing. 1. . [kuh-mod-uh-fahy] /kəˈmɒd əˌfaɪ/ verb (used with object), commodified, commodifying. 1. to turn into a commodity; make commercial. 2. to treat as if a commodity. /kəˈmɒdɪˌfaɪ/ verb -fies, -fying, -fied 1. (transitive) to treat (something) inappropriately as if it can be acquired or marketed like […]



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