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com·mod·i·ty
 commodity
- pronunciation:
- k
ma
dih
ti
| part of speech: |
noun |
| inflections: |
commodities |
| definition 1: |
something with a practical use or value.
Slaves were considered to be commodities and were not counted as part of the population.- synonyms:
- asset, goods
- similar words:
- product, thing, wares
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| definition 2: |
a product, as opposed to a service, that can be bought and sold, esp. an agricultural or mining product.
Sugar produced from sugar cane became a valuable commodity during the time of European colonization.
- synonyms:
- goods, ware
- similar words:
- buy, merchandise, produce, product
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| related words: |
bargain, manufacture, money |
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