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commodity

noun
kəˈmɒd.ə.ti

Meaning

A raw material or primary agricultural product that can be bought and sold.
a raw material or primary product that can be bought and sold

Example Sentences

Oil is a valuable commodity in the global market.

Oil is the most traded commodity in the world.

Example Expressions

hot commodity

Synonyms

Goods, Merchandise, Trade Product, product, good, merchandise, item, resource
Entry 1
Goods, Merchandise, Trade Product
Entry 2
product, good, merchandise, item, resource

Antonyms

Non-tradable Item, Service, Liability, waste, liability, burden
Entry 1
Non-tradable Item, Service, Liability
Entry 2
waste, liability, burden

Collocations

commodity market, commodity price, essential commodity, trading commodity

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