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commodity — meaning in English

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English meaning

  • commodity noun A raw material or basic good that is bought and sold in bulk, such as oil, wheat, or gold.

Senses

commodity is used for these senses in English:

  • commodity (economics) Raw materials, agricultural and other primary products as objects of large-scale trading in specialized exchanges.

commodity — full definition

  1. noun A raw material or basic good that is bought and sold in bulk, such as oil, wheat, or gold.
  2. noun Something useful or valuable, especially something treated as an interchangeable product rather than something unique.
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