Commodities: meaning, definitions and examples

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commodities

 

[ kษ™หˆmษ’dษชtiz ]

Noun
Context #1 | Noun

economic trading

Commodities are raw materials or primary agricultural products that can be bought and sold, such as gold, oil, wheat, and coffee. They are often traded on exchanges and their prices can fluctuate based on supply and demand.

Synonyms

goods, merchandise, products

Examples of usage

  • Many investors choose to invest in commodities to diversify their portfolios.
  • The price of commodities like oil can have a significant impact on the global economy.
Context #2 | Noun

general use

Commodities can also refer to goods or services that are interchangeable with others of the same type. For example, in the digital age, data has become a valuable commodity.

Synonyms

assets, resources, valuables

Examples of usage

  • In the information age, personal data has become a commodity traded by companies.
  • Time is a valuable commodity that should be used wisely.

Translations

Translations of the word "commodities" in other languages:

๐Ÿ‡ต๐Ÿ‡น commodities

๐Ÿ‡ฎ๐Ÿ‡ณ เคตเคธเฅเคคเฅเคเค‚

๐Ÿ‡ฉ๐Ÿ‡ช Rohstoffe

๐Ÿ‡ฎ๐Ÿ‡ฉ komoditas

๐Ÿ‡บ๐Ÿ‡ฆ ั‚ะพะฒะฐั€ะธ

๐Ÿ‡ต๐Ÿ‡ฑ towary

๐Ÿ‡ฏ๐Ÿ‡ต ๅ•†ๅ“

๐Ÿ‡ซ๐Ÿ‡ท marchandises

๐Ÿ‡ช๐Ÿ‡ธ mercancรญas

๐Ÿ‡น๐Ÿ‡ท mallar

๐Ÿ‡ฐ๐Ÿ‡ท ์ƒํ’ˆ

๐Ÿ‡ธ๐Ÿ‡ฆ ุณู„ุน

๐Ÿ‡จ๐Ÿ‡ฟ komodity

๐Ÿ‡ธ๐Ÿ‡ฐ komodity

๐Ÿ‡จ๐Ÿ‡ณ ๅ•†ๅ“

๐Ÿ‡ธ๐Ÿ‡ฎ blago

๐Ÿ‡ฎ๐Ÿ‡ธ vรถrur

๐Ÿ‡ฐ๐Ÿ‡ฟ ั‚ะฐัƒะฐั€ะปะฐั€

๐Ÿ‡ฌ๐Ÿ‡ช แƒ™แƒแƒ›แƒแƒ“แƒ˜แƒขแƒ”แƒ‘แƒ˜

๐Ÿ‡ฆ๐Ÿ‡ฟ mallar

๐Ÿ‡ฒ๐Ÿ‡ฝ mercancรญas

Etymology

The term 'commodities' originated from the Latin word 'commoditas' meaning 'convenience, advantage, benefit'. In ancient times, commodities were essential goods that were traded for survival. Over the years, the concept of commodities has evolved to include a wide range of products and services that are traded in global markets.

Word Frequency Rank

Ranking #3,447, this word is part of upper-intermediate vocabulary. While not among the most basic terms, it appears often enough to be valuable for advanced communication.