[kuh-mod-i-tee] /kəˈmɒd ɪ ti/
noun, plural commodities.
an article of trade or commerce, especially a product as distinguished from a service.
something of use, advantage, or value.
Stock Exchange. any unprocessed or partially processed good, as grain, fruits, and vegetables, or precious metals.
Obsolete. a quantity of goods.
noun (pl) -ties
an article of commerce
something of use, advantage, or profit
(economics) an exchangeable unit of economic wealth, esp a primary product or raw material
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.
noun 1. an exchange for the buying and selling of futures contracts on commodities, as butter, coffee, sugar, and grains.
noun, U.S. Government. 1. an independent regulatory agency, created in 1975, that supervises the trading of futures on commodity exchanges. Abbreviation: CFTC.
[kom-uh-dawr, -dohr] /ˈkɒm əˌdɔr, -ˌdoʊr/ noun 1. Navy. a grade of flag officer next in rank below a rear admiral. 2. British Navy. an officer in temporary command of a squadron, sometimes over a captain on the same ship. 3. Navy. the senior captain when two or more ships of war are cruising in company. […]
- Commodore 1010
storage A 3.5-inch floppy disk drive for the Amiga. (1998-12-23)