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commoditya raw material or primary agricultural product that can be bought and sold

Part of speech: NOUN

Definition: a raw material or primary agricultural product that can be bought and sold

Pronunciation (IPA): /kəˈmɑːdəti/

Korean meaning: 원자재, 상품(특히 농산물, 광물 등)

Korean pronunciation: 커**마**더티

Example Sentences

  • My mom treats Wi-Fi like a rare commodity and turns it off at 9 PM
  • Coffee has become one of the world's most traded commodities
  • During exam period, sleep becomes a luxury commodity among students

commodity

NOUN

//kəˈmɑːdəti//

a raw material or primary agricultural product that can be bought and sold

commodity concept
💡 Concept

Oil is an important commodity traded around the world.

commodity mnemonic english
🧠 Mnemonic

Gold and coffee are traded as commodities in international markets. (COMMERCE + PRODUCT = COMMODITY)

commodity rhyme
🎵 Rhyme

A commodity is no oddity — from gold to grain, it fuels the economy.

🎤Pronunciation

🇺🇸 US/kəˈmɑːdəti/
🇬🇧 UK/kəˈmɒdəti/

🌳Etymology

Rootcommod
Suffix--ity

Origin

From Middle French 'commodité', derived from Latin 'commoditas' meaning 'fitness, advantage', which comes from 'commodus' meaning 'convenient, suitable' (from 'com-' together and 'modus' measure).

🎵Rhyme

qualityequalityreality
quality
equality
reality

🔗Collocations

commodity prices
agricultural commodity
commodity market
precious commodity
commodity trading
basic commodity
rare commodity

📝Examples

😄 Fun example

My mom treats Wi-Fi like a rare commodity and turns it off at 9 PM

Coffee has become one of the world's most traded commodities

😄 Fun example

During exam period, sleep becomes a luxury commodity among students

Oil prices affect the cost of many other commodities

📚Related Words

Synonyms

goodsproductmerchandisematerial

Antonyms

serviceluxury

Related

trademarketexportimporteconomics

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