Commodity - Wikipedia
WEBIn economics, a commodity is an economic good, usually a resource, that specifically has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced them.
Commodity Definition & Meaning - Merriam-Webster
WEBThe meaning of COMMODITY is an economic good. How to use commodity in a sentence. an economic good: such as; a product of agriculture or mining; an article of commerce especially when delivered for shipment…
What Are Commodities and Understanding Their Role in the Stock …
WEBJun 27, 2024 · Commodities are raw materials used to manufacture consumer products. They are inputs in the production of other goods and services, rather than finished goods sold to consumers. In...
COMMODITY | definition in the Cambridge English Dictionary
WEBa substance or a product that can be traded in large quantities, such as oil, metals, grain, coffee, etc.: One big commodity that Canada exports is oil. Higher commodities prices …
Commodity Definition | Investing Dictionary | U.S. News
WEBDec 8, 2023 · A commodity is a raw material that is typically used as input for producing other goods or services. Commodities are typically produced uniformly, meaning a specific...
Commodities - Trading and Investing - Investopedia
WEBApr 23, 2024 · What is a commodity? A commodity is a basic good that is interchangeable with other goods of the same type. They are often used as inputs in the production of other goods...
COMMODITY Definition & Meaning | Dictionary.com
WEBCommodity definition: an article of trade or commerce, especially a product as distinguished from a service.. See examples of COMMODITY used in a sentence.
Commodity Market: Definition, Types, Example, and How It Works
WEBFeb 23, 2024 · A commodity market is a physical or virtual marketplace for buying, selling, and trading commodities. Discover how investors profit from the commodity market.
COMMODITY | English meaning - Cambridge Dictionary
WEBa substance or a product that can be traded in large quantities, such as oil, metals, grain, coffee, etc.: One big commodity that Canada exports is oil. Higher commodities prices …
commodity noun - Definition, pictures, pronunciation and usage …
WEBcommodity. noun. /kəˈmɒdəti/. /kəˈmɑːdəti/. (plural commodities) (economics) a product or a raw material that can be bought and sold. rice, flour and other basic commodities. a drop in commodity prices. Crude oil is the world's most important commodity.
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