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commodity

noun

Simple meaning

Anything movable that is bought and sold.

Pronunciation

Say it like this:

kuhmahduhtee

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US device voice
IPA pronunciation (US)

kəˈmɑdəti

This word is pronounced essentially the same in American and British English, so one transcription covers both.

IPA (International Phonetic Alphabet) is a standard way of writing speech sounds.

Word Review

Definition

Everyday modern meanings first, grouped by part of speech.

noun

  1. business

    Anything movable (a good) that is bought and sold.

  2. economics

    Raw materials, agricultural and other primary products as objects of large-scale trading in specialized exchanges.

  3. marketing

    Undifferentiated goods characterized by a low profit margin and (usually) fungibility, as distinguished from branded products not wholly fungible.

  4. Something useful or valuable.

Word at a Glance

Difficulty
B1 · Intermediate (estimated)
Frequency
Moderately Common
Typical Use
General and technical use

Word Aura™

How this word commonly comes across.

Aura for this meaning

This meaning: Anything movable (a good) that is bought and sold.

Used this way, commodity is a reasonably familiar word with a mildly favourable edge. It turns up most in business or professional contexts.

Emotional tone
Slightly positive
Formality
Neutral
Intensity
Moderate
How common
Moderately common
Connotation
Positive and appreciative
Usage feel
Neutral and straightforward

Where it naturally appears

  • Business/professional

Word Aura describes common impressions, not a measurement. Tone changes with sentence, speaker, relationship and situation.

More ways to use commodity

  • “Coffee is a popular commodity traded all over the world.”

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Common Patterns and Combinations

How this word naturally appears with others.

Anything

commodity marketcommodity trade

Other combinations

commodity exchangecommodity productioncommodity priceparticular commodityinternational commodityvaluable commodity

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Word Family

Related forms, grouped by how they connect.

Compound terms

Established multiword terms.

  • commodity brokeragenounCompound term

    A brokerage firm dealing in commodities.

  • commodity exchangenounCompound term

    An exchange for buying and selling commodities for future delivery.

  • commodities exchangenounCompound term

    An exchange for buying and selling commodities for future delivery.

  • commodities marketnounCompound term

    An exchange for buying and selling commodities for future delivery.

More about this wordSynonyms, forms, origin

Synonyms

Sense: anything movable (a good) that is bought and sold

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Dictionary data from Wiktionary via the Free Dictionary API. Simple meanings, combinations and word intelligence are built from verified reference data, no AI is used to load this page.