commodity

The definition of a commodity is something that can be traded, or any useful thing.

(noun)

  1. Corn bought and sold to make high fructose corn syrup is an example of a commodity.
  2. Fast running speed is an example of an athlete's commodity.

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See commodity in Webster's New World College Dictionary

noun pl. commodities

  1. any useful thing
  2. anything bought and sold; any article of commerce
  3. basic items or staple products, as of agriculture or mining
  4. Archaic personal advantage

Origin: ME & OFr commodite, benefit, profit < L commoditas, fitness, adaptation < commodus: see commode

See commodity in American Heritage Dictionary 4

noun pl. com·mod·i·ties
  1. Something useful that can be turned to commercial or other advantage: “Left-handed, power-hitting third basemen are a rare commodity in the big leagues” (Steve Guiremand).
  2. An article of trade or commerce, especially an agricultural or mining product that can be processed and resold.
  3. Advantage; benefit.
  4. Obsolete A quantity of goods.

Origin:

Origin: Middle English commodite

Origin: , from Old French, convenience

Origin: , from Latin commoditās

Origin: , from commodus, convenient; see commodious

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