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commoditiesraw materials or primary agricultural products that can be bought and sold

Part of speech: NOUN

Definition: raw materials or primary agricultural products that can be bought and sold

Pronunciation (IPA): /kəˈmɑːdətiz/

Example Sentences

  • My investment portfolio is more diverse than a grocery store - I've got commodities from coffee beans to copper wires!
  • The company specializes in trading agricultural commodities such as wheat and soybeans.
  • During economic uncertainty, investors often turn to commodities like gold as a safe haven.

commodities

NOUN

[/kəˈmɑːdətiz/]

raw materials or primary agricultural products that can be bought and sold

a trader in a business suit holds up samples of wheat grain while pointing to sacks of coffee beans nearby. Another trader examines the quality of the grain and nods approvingly at the premium samples. Large containers filled with corn, rice, and cotton are stacked around them as other materials await inspection. The trading floor buzzes with activity as buyers and sellers negotiate over barrels of oil and metal ingots. Other traders carry clipboards while examining gold bars and agricultural produce spread across tables.  raw materials and primary agricultural products that can be bought and sold
💡 Concept

a trader in a business suit holds up samples of wheat grain while pointing to sacks of coffee beans nearby. Another trader examines the quality of the grain and nods approvingly at the premium samples. Large containers filled with corn, rice, and cotton are stacked around them as other materials await inspection. The trading floor buzzes with activity as buyers and sellers negotiate over barrels of oil and metal ingots. Other traders carry clipboards while examining gold bars and agricultural produce spread across tables. raw materials and primary agricultural products that can be bought and sold

Authorities oversee as traders secure necessities through commodities!
🎵 Rhyme

Authorities oversee as traders secure necessities through commodities!

Got the picture? Now let's practice.

🎤Pronunciation

🇺🇸 US/kəˈmɑːdətiz/
🇬🇧 UK/kəˈmɒdətiz/

🌳Etymology

Rootcommod
Suffix--ity

🎵Rhyme

necessitiesamenitiesauthorities
necessities
amenities
authorities

🔗Collocations

agricultural commodities
commodity market
precious commodities
trade commodities
commodity prices
export commodities

📝Examples

😄 Fun example

My investment portfolio is more diverse than a grocery store - I've got commodities from coffee beans to copper wires!

The company specializes in trading agricultural commodities such as wheat and soybeans.

During economic uncertainty, investors often turn to commodities like gold as a safe haven.

😄 Fun example

He jokes that his basement looks like a commodities exchange with all the bulk rice and canned goods stored there.

📚Related Words

Synonyms

goodsproductsmaterialsmerchandiseresources

Antonyms

servicesfinished goodsmanufactured items

Related

tradingmarketexportimporteconomy

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