Commodity — Meaning, Definition & Synonyms

noun /kə-ˈmä-də-tē/ com·mod·i·ty

Meaning & Definition of Commodity

Commodity (noun)

  1. an economic good
  2. a product of agriculture or mining
  3. an article of commerce especially when delivered for shipment

Commodity (noun) — Senses, Synonyms & Antonyms

  1. one that has a real and independent existence

    "the docudrama really wasn't a commodity until the television networks started creating their own feature-length movies"

    similar: being, entity, existent, individual, individuality, integer, object, reality, something, substance, thing
    related: body, subject, material, matter, quantity, stuff
    near: nonentity

  2. products that are bought and sold in business

    "commodities such as sugar and oil"

    similar: goods, merchandise, wares
    related: line, export, import, inventory, staples, stock, stuff, supply, job lot, domestics, durables, hard goods

Synonyms, Thesaurus & Another Word for Commodity

The most common words with a similar meaning to Commodity:

being, entity, existent, individual, individuality, integer, object, reality, something, substance, thing, goods, merchandise, wares

Related Words for Commodity

body, subject, material, matter, quantity, stuff, line, export, import, inventory, staples, stock, supply, job lot, domestics, durables, hard goods

Near Antonyms of Commodity

nonentity

Word Forms of Commodity

Inflections: commodities

Origin & Etymology of Commodity

Middle English commoditee, from Anglo-French, from Latin commoditat-, commoditas, from commodus

First known use: 15th century

Vocabulary Lists & Topics for Commodity

Words & Phrases Containing Commodity

hot commodity

Frequently Asked Questions about Commodity

What does "Commodity" mean?

"Commodity" means an economic good. As a noun, it is defined as: an economic good. It has 2 distinct senses.

What is another word for "Commodity"?

Other words for "Commodity" include being, entity, existent, individual, individuality, integer, object and reality. The best synonym depends on which meaning of "Commodity" you intend.

What are different ways to say "Commodity"?

There are 31 words and phrases with a similar meaning to "Commodity". Common alternatives include being, entity, existent, individual, individuality, integer, object, reality, something and substance.

How do you use "Commodity" in a sentence?

Examples of "Commodity" in a sentence: "the docudrama really wasn't a commodity until the television networks started creating their own feature-length movies"; "commodities such as sugar and oil".

Is "Commodity" a noun, verb, or adjective?

"Commodity" is a noun.

Is "Commodity" useful for IELTS, TOEFL, and other English exams?

As a C1-level word, "Commodity" is typical of Cambridge C1 Advanced (CAE), IELTS band 7.0–8.0, TOEFL iBT 95–113, PTE Academic 76–84, TOEIC Listening & Reading 945+. It is on the Academic Word List, so it appears often in IELTS Academic, TOEFL iBT, PTE Academic, and university texts. Advanced words like this are also useful for the GRE, SAT, GMAT, and LSAT.

How do you pronounce "Commodity"?

"Commodity" is pronounced /kə-ˈmä-də-tē/ and divided into syllables as com·mod·i·ty.

What is the origin of the word "Commodity"?

"Commodity" comes from Middle English commoditee, from Anglo-French, from Latin commoditat-, commoditas, from commodus. First known use: 15th century.