commodity

US /kəˈmɑː.də.t̬i/
UK /kəˈmɑː.də.t̬i/
"commodity" picture
1.

a raw material or primary agricultural product that can be bought and sold, such as copper or coffee

:
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Oil is a valuable commodity in the global market.
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Agricultural commodities like wheat and corn are essential for food security.
:
goodsproductarticlematerialstaple
2.

a useful or valuable thing, such as water or time

:
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Time is a precious commodity that should not be wasted.
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Clean water is becoming a scarce commodity in many regions.
:
assetresourceitempossessionadvantage