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Definition of commodity

commodity

/kəˈmɑːdəti/
com · mod · i · ty

Plural:commodities
•
Adjective:commodious
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commodity Lexical Profile

commodity Game Scores & Validity

• noun

1

A raw material or primary agricultural product that can be bought and sold on a large scale, such as copper, crude oil, wheat, or coffee.

Example

"Fluctuations in global weather patterns caused a sharp rise in the price of agricultural commodities."


2

A useful, valuable, or scarce thing, quality, or resource.

Example

"Uninterrupted free time has become a rare commodity in our busy household."

Synonyms
View all synonyms for commodity

• Rhymes for commodity

Word Origin & Etymology

Borrowed in the 15th century from Old French 'commodité' and directly from Latin 'commoditas' (meaning 'convenience' or 'fitness'), derived from 'commodus' ('suitable' or 'having due measure').

Cite this Entry


Wordmom. (2026). Definition of Commodity. In Wordmom Dictionary. Retrieved Nov 5, 2026, from https://wordmom.com/dictionary/commodity
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