commodity exchange
1
5.5
- noun
- /kəˈmɒdəti ɪksˈʧeɪndʒ/
- Specialized
:
bolsa de materias primas
- The most memorable moment was probably the visit to the Commodity Exchange in Chicago in 2005.
- Commodity Exchange in New York
- New York Commodity Exchange
And without getting too deep, let's just say that every week the COMEX market, the Commodity Exchange, publishes a report.
- And without getting too deep, let's just say that every week the COMEX market, the Commodity Exchange, publishes a report.
Examples
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And without getting too deep, let's just say that every week the COMEX market, the Commodity Exchange, publishes a report.
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Some businesses use a semi-official exchange mechanism through the Uzbekistan Commodity Exchange, where the dollar value is usually twice the official rate.
Academic text (2016) -
At the commodity exchange, traders gather to buy and sell various goods like oil and wheat.
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On the Chicago commodity exchange, prices for corn and soybeans fluctuate daily based on market demand.
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Investors often use the commodity exchange to hedge against inflation by trading in physical assets.
Synonyms
707
1.0
A place where people buy and sell food and other items
191
5.8
A place where people buy and sell stocks
5
4.4
A place where buyers and sellers agree to exchange goods later at a fixed price
4
4.2
A market where people buy and sell raw materials like oil, grain and metals, often for future delivery
1
5.6
A market where people trade standard agreements to buy or sell goods and shares later
1
4.8
A market where people buy and sell raw materials like oil or grain to be delivered later
A building where people buy and sell grain like corn
How Big
Surface Forms
Morphology
The meaning 'an organized marketplace where commodities are bought and sold' is directly and compositionally derived from 'commodity' (raw materials sold in bulk) + 'exchange' (a place for trading). This noun–noun combination follows a common, cross-linguistic compounding pattern, so a B1 learner who knows both constituents would readily infer the MWE meaning.
Etymology
The noun commodity exchange comes from old markets where people met to trade raw goods. Here commodity means 'a raw good' and exchange means 'a place to swap money and goods'. So today commodity exchange means an organized market where traders buy and sell these goods, often agreeing to deliver them later.