commodity

🇺🇸 /kəˈmɑːdəti/ 🇬🇧 /kəˈmɒdəti/
Frequency
Difficulty
Tags TOP10000Oxford5000CEFR-C1
noun
C1

A product or material that people buy and sell.

Oil is a commodity that is traded worldwide.

C1

Something useful or valuable.

Time is a precious commodity that we should use wisely.

translation

n. A product or material that people buy and sell.; Something useful or valuable.

Word Forms

Plural commodities