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COMMODITY Definition Meaning - Merriam-Webster The meaning of COMMODITY is an economic good How to use commodity in a sentence an economic good: such as; a product of agriculture or mining; an article of commerce especially when delivered for shipment…
Commodity - Wikipedia In economics, a commodity is an economic good, usually a resource, that specifically has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced them
Commodities - Bloomberg Find information about commodity prices and trading, and find the latest commodity index comparison charts
What are Commodities? Definition Examples | Finbold A commodity is an essential good or material used in commerce to produce and manufacture other goods or services They are used as inputs in the manufacturing process and are often interchangeable with similar goods
COMMODITY definition and meaning | Collins English Dictionary A commodity is an item that is traded on the market, such as wheat, gold, silver, oil, coffee, or sugar The corporation provided $150 million to finance the exports of various commodities and food goods including cotton and tobacco