26984 words

commodities

6 definitions • 10 examples
1
a substance or product that can be traded, bought, or sold:

Examples:

The country's most valuable commodities include tin and diamonds.
the international commodities market
2

Examples:

If you're going into teaching, energy is a necessary commodity.
3
anything that can be bought and sold:

Examples:

The goal is to raise the productivity of basic food commodities such as grains.
4
a substance or a product that can be traded in large quantities, such as oil, metals, grain, coffee, etc.:

Examples:

One big commodity that Canada exports is oil.
Higher commodities prices boosted first-quarter profits.
agricultural commodities
5
a financial product that can be traded:

Examples:

Returning barren fields to their natural state as wetlands creates a host of "wetland mitigation credits," a commodity the company plans to sell.
6
a thing or a quality that is useful:

Examples:

Water is a very scarce commodity in the region.
Fluency in Arabic is a valuable commodity in a job market desperate for Arabic translators.

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