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 …

The meaning of COMMODITY is an economic good. How to use commodity in a sentence.

May 4, 2025 · Commodities are traded on commodity exchanges and serve as the underlying investment for commodities futures and options contracts.

Feb 12, 2025 · Commodities are a popular investment for adding diversity to a portfolio, and hedging against rising inflation and stock market volatility.

4 days ago · Get all information on the commodity market. Find the latest commodity prices including News, Charts, Realtime Quotes and even more about commodities.

COMMODITY definition: 1. a substance or product that can be traded, bought, or sold: 2. a valuable quality: 3. a…. Learn more.

Aug 7, 2025 · Commodities are undifferentiated products. They are distinct from branded products like cars, watches, or smartphones, which are generally identified by the company that makes …

Commodity definition: an article of trade or commerce, especially a product as distinguished from a service.. See examples of COMMODITY used in a sentence.

Find out what defines a commodity, what types of commodities there are, and what factors determine global commodity supply and demand.

Aug 26, 2025 · A commodity is more than just a raw material—it is a cornerstone of global trade, economics, and financial markets. Defined by its fungibility, standardisation, and universal …