Meaning of the word commodities in English
What does commodities mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
commodities
US /kəˈmɑːd.ə.tiz/
UK /kəˈmɒd.ə.tiz/
Plural Noun
1.
a raw material or primary agricultural product that can be bought and sold, such as copper or coffee
Example:
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Oil and gold are considered valuable commodities in the global market.
•
The price of agricultural commodities has been fluctuating recently.
2.
a useful or valuable thing, such as water or time
Example:
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Clean water is a precious commodity in many parts of the world.
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Time is a non-renewable commodity.
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