commodities
From WikiWord, the free dictionary
/kəˈmɒdətiz/
English
Definitions
noun
- Anything movable (a good) that is bought and sold.
- Something useful or valuable.
- Raw materials, agricultural and other primary products as objects of large-scale trading in specialized exchanges.“The price of crude oil is determined in continuous trading between professional players in World's many commodities exchanges.”
- Undifferentiated goods characterized by a low profit margin, as distinguished from branded products.“Although they were once in the forefront of consumer electronics, the calculators have become a mere commodity.”
Related words
Synonyms
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