noun๐ShareAnything movable (a good) that is bought and sold."Wheat is a valuable commodity, traded globally for food production. "businesseconomycommerceieltstoeflChat with AIVocabulary GamePractice Reading
noun๐ShareSomething useful or valuable."Fresh fruit is a valuable commodity in the summer. "businesseconomycommerceitemvalueassetieltstoeflChat with AIVocabulary GamePractice Reading
noun๐ShareRaw materials, agricultural and other primary products as objects of large-scale trading in specialized exchanges."Coffee beans are a valuable commodity, traded extensively on international markets. "businesseconomycommerceagriculturematerialieltstoeflChat with AIVocabulary GamePractice Reading
noun๐ShareUndifferentiated 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."economybusinesscommercefinanceindustryassetmaterialieltstoeflChat with AIVocabulary GamePractice Reading
noun๐ShareAnything which has both a use-value and an exchange-value."Water is a commodity that is essential for life, but its use-value (drinking, cooking) is separate from its exchange-value (the price you pay for it). "economybusinessvalueassetitemcommerceieltstoeflChat with AIVocabulary GamePractice Reading
noun๐ShareConvenience; usefulness, suitability."The new, spacious kitchen is a commodity for our family; it's so useful for preparing meals together. "utilitybusinesseconomyvalueieltstoeflChat with AIVocabulary GamePractice Reading
noun๐ShareSelf-interest; personal convenience or advantage."His commodity was getting a good grade, so he studied hard for the exam. "businesseconomyassetvalueieltstoeflChat with AIVocabulary GamePractice Reading