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commodity

[kuh-mod-i-tee] /kəˈmɒd ɪ ti/
noun, plural commodities.
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
late Middle English
1375-1425
1375-1425; late Middle English commodite < Anglo-French < Latin commoditās timeliness, convenience, equivalent to commod(us) (see commode) + -itās -ity
Related forms
noncommodity, adjective, noun, plural noncommodities.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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British Dictionary definitions for noncommodity

commodity

/kəˈmɒdɪtɪ/
noun (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)
  1. a quantity of goods
  2. convenience or expediency
Word Origin
C14: from Old French commodité, from Latin commoditās suitability, benefit; see commodious
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word Origin and History for noncommodity

commodity

n.

early 15c., "benefit, profit, welfare;" later "a convenient or useful product," from Middle French commodité "benefit, profit," from Latin commoditatem (nominative commoditas) "fitness, adaptation, convenience, advantage," from commodus "suitable, convenient" (see commode). General sense "property possession" is from c.1500.

Online Etymology Dictionary, © 2010 Douglas Harper
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noncommodity in Culture

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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