com·mod·i·ty

[kuh-mod-i-tee]
noun, plural com·mod·i·ties.
1.
an article of trade or commerce, especially a product as distinguished from a service.
2.
something of use, advantage, or value.
3.
Stock Exchange. any unprocessed or partially processed good, as grain, fruits, and vegetables, or precious metals.
4.
Obsolete. a quantity of goods.

Origin:
1375–1425; late Middle English commodite < Anglo-French < Latin commoditās timeliness, convenience, equivalent to commod(us) (see commode) + -itās -ity

non·com·mod·i·ty, adjective, noun, plural non·com·mod·i·ties.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
Cite This Source Link To commodity
00:10
Commodity is always a great word to know.
So is consul. Does it mean:
Self-restraint or abstinence
government official appointed to look after its interests and citizens in another country
Collins
World English Dictionary
commodity (kəˈmɒdɪtɪ) [Click for IPA pronunciation guide]
 
n , pl -ties
1.  an article of commerce
2.  something of use, advantage, or profit
3.  economics an exchangeable unit of economic wealth, esp a primary product or raw material
4.  obsolete
 a.  a quantity of goods
 b.  convenience or expediency
 
[C14: from Old French commodité, from Latin commoditās suitability, benefit; see commodious]

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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Etymonline
Word Origin & History

commodity
1410, from M.Fr. commodité "benefit, profit," from L. commoditatem (nom. commoditas) "fitness, adaptation," from commodus (see commode).
Online Etymology Dictionary, © 2010 Douglas Harper
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American Heritage
Cultural Dictionary

commodity definition


Any product manufactured or grown.

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Example sentences
People unwittingly value entertainment content by the hour as if it were all an
  interchangeable commodity.
They live in realms where food is a rare commodity, and they might need to be
  constantly on the lookout for it.
Oil is a fungible commodity: it flows to the highest bidder.
Oil is not the only crucial commodity whose price is soaring.
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