Meanings
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1
noun
A raw material or basic product that is bought and sold in large amounts, such as oil or grain.
The price of commodities like wheat and coffee rose sharply.
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2
noun
Something useful or valuable.
In a busy office, patience is a precious commodity.
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3
noun
A product that is much like all others of its kind, so buyers choose mainly on price.
Once cutting-edge, the calculators became a cheap commodity.
Thesaurus
Etymology
Etymology tree Proto-Indo-European *ḱe Proto-Indo-European *ḱóm Proto-Italic *kom Proto-Italic *kom- Latin com- Proto-Indo-European *med- Proto-Indo-European *-os Proto-Italic *medos Latin modus Latin commodus Proto-Indo-European *-teh₂ Proto-Indo-European *-ts Proto-Indo-European *-teh₂ts Proto-Italic *-tāts Latin -tās Latin commoditāsder. Anglo-Norman commoditeebor. Middle English commoditee English commodity Inherited from Middle English commoditee, borrowed from Anglo-Norman commoditee, from Latin commoditās.