commodities — raw 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
Authorities oversee as traders secure necessities through commodities!
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🎤Pronunciation
🌳Etymology
Origin
Derived from Latin 'commoditas', meaning 'convenience' or 'advantage'. During the medieval period, merchants adopted this term to describe goods that could be traded conveniently, eventually evolving into the modern sense of 'merchandise' or 'tradable goods'.
Breakdown
com- (with, together) + modus (measure, manner) → commoditas (convenience) → commodity (a tradable good) → commodities (plural form of commodity).
🎵Rhyme
🔗Collocations
📝Examples
“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.”
“He jokes that his basement looks like a commodities exchange with all the bulk rice and canned goods stored there.”
📚Related Words
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