commodity
161
3.9
- noun
- /kəˈmɒdəti/
:
materia prima
- Real estate is a commodity just like corn, steel, copper.
- commodity prices
- commodity market
- commodity production
In other words, having drugs as an illegal commodity is not the way.
- In other words, having drugs as an illegal commodity is not the way.
- As a result, we have easing of fear in commodities like oil, like gold.
- But as I said, their two great commodities were slaves and furs.
- And if you want to invest money in a commodity, go to the stock market.
- So First things first, the Bloomberg Commodity Index just hit a record high.
- So what is the value of a commodity?
- And people need gold just like they need these other commodities.
- China obviously big buyer of shouldn't say commodities, commodities.
Examples
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This is why in the world of commodities, supply always lags demand.
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As a result, we have easing of fear in commodities like oil, like gold.
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What is the one commodity the world never seems to run out of?
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And if you want to invest money in a commodity, go to the stock market.
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Oil is a commodity; it's an asset.
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But salt is a commodity.
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But coffee is second only to oil is the most valuable commodity traded internationally.
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There has been extraordinary progress in the production of commodities such as steel, cement, and power.
Academic text (1999) -
That's a commodity I don't waste my money on.
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Gold is a valuable commodity that investors often pursue during economic uncertainty.
Synonyms
48
2.8
A natural thing used to make goods or energy
22
7.1
Things made and sold, often in large amounts
5
7.4
Raw material used in a factory to make products or energy
2
3.0
A product or raw material sold in large amounts to other businesses
Antonyms
Compounds
- Specialized
1
5.5
An organized market where people buy and sell raw materials, often for delivery in the future
- Specialized
A company that buys and sells raw materials like oil or grain for clients and charges a fee
Surface Forms
Etymology
Commodity comes from the Latin words commoditas and commodus, which mean 'convenient' or 'useful'. So a commodity is a 'useful thing'—like wheat, oil, or gold—that people buy and sell in large amounts.