commodity
- Noun. (obsolete) Convenience; usefulness, suitability. (defdate, 15th-19th c.) .
- Noun. Anything movable (a good) that is bought and sold. (defdate, from 15th c.) .
- Noun. Something useful or valuable. (defdate, from 15th c.) .
- Noun. (obsolete) Self-interest; personal convenience or advantage. (defdate, 16th-19th c.) .
- Noun. (context, economics) Raw materials, agricultural and other primary products as objects of large-scale trading in specialized exchanges.
- Noun. (context, marketing) Undifferentiated goods characterized by a low profit margin, as distinguished from branded products.
- Noun. (context, Marxism) Anything which has both a use-value and an exchange-value.
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This entry was last updated on RefTopia from its source on 3/20/2012.