The definition of a commodity is something that can be traded, or any useful thing.
(noun)See commodity in Webster's New World College Dictionary
noun pl. commodities
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
Origin:
Origin: Middle English commodite
Origin: , from Old French, convenience
Origin: , from Latin commoditās
Origin: , from commodus, convenient; see commodious
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