Definition of Commodity

1. Noun. Articles of commerce.


Definition of Commodity

1. n. Convenience; accommodation; profit; benefit; advantage; interest; commodiousness.

Definition of Commodity

1. Noun. (obsolete) Convenience; usefulness, suitability. (defdate 15th-19th c.) ¹

2. Noun. Anything movable (a good) that is bought and sold. (defdate from 15th c.) ¹

3. Noun. Something useful or valuable. (defdate from 15th c.) ¹

4. Noun. (obsolete) Self-interest; personal convenience or advantage. (defdate 16th-19th c.) ¹

5. Noun. (context: economics) Raw materials, agricultural and other primary products as objects of large-scale trading in specialized exchanges. ¹

6. Noun. (context: marketing) Undifferentiated goods characterized by a low profit margin, as distinguished from branded products. ¹

7. Noun. (context: Marxism) Anything which has both a use-value and an exchange-value. ¹

¹ Source: wiktionary.com

Definition of Commodity

1. [n -TIES]

Lexicographical Neighbors of Commodity

commodiously
commodiousness
commoditie
commodities
commodities exchange
commodities market
commoditise
commoditised
commoditises
commoditising
commoditization
commoditize
commoditized
commoditizes
commoditizing
commodity (current term)
commodity brokerage
commodity chemical
commodity exchange
commodity exchanges
commodity market
commodity meat
commodo
commodore
commodore admiral
commodore admirals
commodores
common-and-garden
common-eland

Literary usage of Commodity

Below you will find example usage of this term as found in modern and/or classical literature:

1. Capital: A Critique of Political Economy by Karl Marx (1906)
"Our investigation must therefore begin with the analysis of a commodity. A commodity is, in the first place, an object outside us, a thing that by its ..."

2. The Shifting and Incidence of Taxation by Edwin Robert Anderson Seligman (1910)
"Is the commodity durable or perishable ? 2. Is the commodity subject to the law ... Is the commodity a final good or merely an intermediate good ? ..."

3. Some Leading Principles of Political Economy Newly Expounded by John Elliott Cairnes, ( (1874)
"It is as follows: The supply of a commodity always tends to adapt itself to the ... I may here say briefly, that by the normal price of a commodity I mean ..."

4. Applied Christianity: Moral Aspects of Social Questions by Washington Gladden (1886)
"THAT labor may be considered and treated as a commodity is beyond question. ... Whatever can be purchased for money is a commodity, and labor is purchased ..."

5. Nature by RALPH WALDO. EMERSON (1849)
"commodity. WHOEVER considers the final cause of the world, will discern a ... Under the general name of commodity, I rank all those advantages which our ..."

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