commodity

noun
/kəˈmɑdəti/US/kəˈmɒdəti/UK/kəˈmɔdɪte/

Etymology

Etymology tree Proto-Indo-European *ḱe Proto-Indo-European *ḱóm Proto-Italic *kom Proto-Italic *kom- Latin com- Proto-Indo-European *med- Proto-Indo-European *-os Proto-Italic *medos Latin modus Latin commodus Proto-Indo-European *-teh₂ Proto-Indo-European *-ts Proto-Indo-European *-teh₂ts Proto-Italic *-tāts Latin -tās Latin commoditāsder. Anglo-Norman commoditeebor. Middle English commoditee English commodity Inherited from Middle English commoditee, borrowed from Anglo-Norman commoditee, from Latin commoditās.

  1. derived from commoditās
  2. derived from commoditee
  3. derived from commoditeebor

Definitions

  1. Anything movable (a good) that is bought and sold.

    • If a key part of shopping is the conversion of anonymous commodities into possessions, shopping is a cultural as much as an economic activity.
    • In human geography "commodities" usually refers to goods and services which are bought and sold. The simplest commodities are those produced by the production system just before they are sold.
  2. Something useful or valuable.

  3. Raw materials, agricultural and other primary products as objects of large-scale trading…

    Raw materials, agricultural and other primary products as objects of large-scale trading in specialized exchanges.

    • The price of crude oil is determined in continuous trading between professional players in World's many commodities exchanges.
  4. + 4 more definitions
    1. Undifferentiated goods characterized by a low profit margin and (usually) fungibility, as…

      Undifferentiated goods characterized by a low profit margin and (usually) fungibility, as distinguished from branded products not wholly fungible.

      • Although they were once in the forefront of consumer electronics, the calculators have become a mere commodity.
    2. Anything which has both a use value and an exchange value.

    3. Convenience

      Convenience; usefulness, suitability.

    4. Self-interest

      Self-interest; personal convenience or advantage.

      • they commonly respect their own ends, commodity is the steer of all their action[…].

The neighborhood

Vish — recursive loop

A definitional loop anchored at commodity. Each word in the ring is defined by the next; follow the chain far enough and it folds back on itself. Scroll to it and watch.

01commodity02trading03engaged04agreed05agree06yield07product

A definitional loop anchored at commodity. Each word in the ring appears in the definition of the next; follow the chain far enough and it folds back on itself.

7 hops · closes at commodity

curated · pre-corpus. live cycle detection across the full graph is the next major milestone.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA