noun
definition
Anything movable (a good) that is bought and sold.
definition
Something useful or valuable.
definition
Raw materials, agricultural and other primary products as objects of large-scale trading in specialized exchanges.
example
The price of crude oil is determined in continuous trading between professional players in World's many commodities exchanges.
definition
Undifferentiated goods characterized by a low profit margin, as distinguished from branded products.
example
Although they were once in the forefront of consumer electronics, the calculators have become a mere commodity.
definition
Anything which has both a use-value and an exchange-value.
definition
Convenience; usefulness, suitability.
definition
Self-interest; personal convenience or advantage.