A commodity is any useful or valuable thing, especially something that is bought and sold. Grain, coffee, and precious metals are all commodities.

The word commodity is usually used in an economic context, as in importing commodities from other countries or trading in the stocks and commodities markets. You probably wouldn't say something like "I'm going to run to the corner store to pick up some commodities." This word can also be used figuratively to refer to anything valuable, like trust or patience. Some people think that honesty is a rare commodity in politics.

Definitions of commodity

n articles of commerce

good, trade good
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basic, staple
(usually plural) a necessary commodity for which demand is constant
consumer goods
goods (as food or clothing) intended for direct use or consumption
drygoods, soft goods
textiles or clothing and related merchandise
a commodity that enters competition with established merchandise
export, exportation
commodities (goods or services) sold to a foreign country
fancy goods
goods that are chiefly ornamental
a commodity that is freely interchangeable with another in satisfying an obligation
bulk commodities bought or sold at an agreed price for delivery at a specified future date
import, importation
commodities (goods or services) bought from a foreign country
merchandise, product, ware
commodities offered for sale
any commodity of intermediate quality or size (especially when coarse particles of ground wheat are mixed with bran)
the commodities purchased from stores
sporting goods
sports equipment sold as a commodity
worldly good, worldly possession
a commodity or good associated with the earthly, rather than the spiritual, existence of human beings
property or goods saved from damage or destruction
cargo, consignment, freight, lading, load, loading, payload, shipment
goods carried by a large vehicle
article of clothing, clothing, habiliment, vesture, wear, wearable
a covering designed to be worn on a person's body
goods whose importation or exportation or possession is prohibited by law
consumer durables, durable goods, durables
consumer goods that are not destroyed by use
consumer goods (especially clothing) in the current mode
an article of merchandise that is displayed or advertised more than other articles
any product that can be sold without a brand name
foodstuff, grocery
(usually plural) consumer goods sold by a grocer
haberdashery, men's furnishings
the drygoods sold by a haberdasher
the merchandise that is sold in an ironmonger's shop
irregular, second
merchandise that has imperfections; usually sold at a reduced price without the brand name
business line, line, line of business, line of merchandise, line of products, product line
a particular kind of product or merchandise
an item of merchandise offered for sale
oil future, petroleum future
petroleum bought or sold at an agreed price for delivery at a specified future date
a commercial product that refills a container with its appropriate contents
merchandise issued for sale or public showing (especially a record or film)
dreck, schlock, shlock
merchandise that is shoddy or inferior
software package, software product
merchandise consisting of a computer program that is offered for sale
soybean future
soybeans bought or sold at an agreed price for delivery at a specified future date
inventory, stock
the merchandise that a shop has on hand
top of the line
the best (most expensive) in a given line of merchandise
wheat future
wheat bought or sold at an agreed price for delivery at a specified future date
household linen, white goods
drygoods for household use that are typically made of white cloth
piece goods, yard goods
merchandise in the form of fabrics sold by the yard
Type of:
artefact, artifact
a man-made object taken as a whole

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