commodity
Definitions
- reality
- Anything movable (a good) that is bought and sold. .mw-parser-output .defdate{font-size:smaller}
- Anything movable (a good) that is bought and sold.
- Something useful or valuable.
- Something useful or valuable
- Raw materials, agricultural and other primary products as objects of large-scale trading in specialized exchanges.
- Raw materials, agricultural and other primary products as objects of large-scale trading in specialized exchanges
- Undifferentiated goods characterized by a low profit margin and (usually) fungibility, as distinguished from branded products not wholly fungible.
- Undifferentiated goods characterized by a low profit margin and (usually) fungibility, as distinguished from branded products not wholly fungible
- Anything which has both a use value and an exchange value.
- Anything which has both a use value and an exchange value
- Convenience; usefulness, suitability.
- Self-interest; personal convenience or advantage.
Equivalents
57 more languages
Examples
“It is with the help⟳ of the commodity concept that the mechanism of the market is geared to the various elements of industrial life. Commodities are here empirically defined as objects produced for sale on the market; […]. But labor, land⟳, and money are obviously not commodities; the postulate that anything that is bought and sold must have⟳ been produced for sale is emphatically untrue in regard to them.”
“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.”
“Referring to the work⟳ of Bourdieu, Zukin (2004,38) notes that shopping is much more than the purchase⟳ of commodities.”
“For mineral trains, he adds little other than pointing out the need⟳ to expand⟳ single-commodity trains and to end⟳ the use⟳ of mixed-commodity services that required extensive marshalling.”
“And Slade said: "It really makes me sad that football club chairmen and boards seem to have⟳ lost that most precious commodity - patience. "Sam's sacking at Newcastle had, I suppose⟳, been on the cards for a while, but it is really ridiculous to fire a manager after such a short time.”
“The price of crude oil is determined in continuous trading between professional players in World's many commodities exchanges.”
“Although they were once in the forefront of consumer electronics, the calculators have⟳ become⟳ a mere commodity.”
“Shall we employ⟳ the intelligence Heaven hath bestowed upon us for our greatest good, to our ruine? repugning natures desseign and the universal order⟳ and vicissitude of things, which implieth that every man should use⟳ his instruments and meanes for his owne commoditie?”
“they commonly respect⟳ their own⟳ ends, commodity is the steer⟳ of all their action[…].”
CEFR level
C2
Mastery
This word is part of the CEFR C2 vocabulary — mastery level.
This word is part of the CEFR C2 vocabulary — mastery level.
See also
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