to commodity

Definition of to commodity in English English dictionary: Anything which has both a use-value and an exchange-value; Self-interest; personal convenience or advantage
they commonly respect their own ends, commodity is the steer of all their actions .; Undifferentiated goods characterized by a low profit margin, as distinguished from branded products
Although they were once in the forefront of consumer electronics, the calculators have become a mere commodity.; Raw materials, agricultural and other primary products as objects of large-scale trading in specialized exchanges
The price of crude oil is determined in continuous trading between professional players in World's many commodities exchanges.; Something useful or valuable
And Slade said: It really makes me sad that football club chairmen and boards seem to have lost that most precious commodity - patience. Sam's sacking at Newcastle had, I suppose, been on the cards for a while, but it is really ridiculous to fire a manager after such a short time. Somerset County Gazette on Jan. 14th, 2008.; Convenience; something that is bought and sold; {n} any article of traffic, goods, wares, produce; in the sense of interest, profit, use; -a logical grouping of inventory based upon user-defined characteristics Different industries will define commodity classifications differently For example, in one industry they may have a classification of "building materials" that encompasses anything that would be used to describe all construction materials while another industry may have separate commodity classifications for "framing lumber," "decking materials," "fasteners," and "concrete products "; articles of commerce; A commodity is something that is sold for money. The government increased prices on several basic commodities like bread and meat; An article of commerce or a product that can be used for commerce In a narrow sense, products traded on authorized commodity exchanges The types of commodities include agricultural products, metals, petroleum, foreign currencies and financial instruments and indexes to name a few; Indication of the type of goods Commodities are coded according to the harmonized system; Anything movable (a good) that is bought and sold; Any good exchange in trade Usually refers to raw materials and agricultural products traded principally on the basis of price; An article of commerce or a product that can be used for commerce In a narrow sense, products traded on an authorized commodity exchange The types of commodities include agricultural products, metals, petroleum, foreign currencies, and financial instruments and index, to name a few; Raw materials that can be bought and sold; A raw material which is reasonably homogeneous and can be freely traded on a commodity market The market is roughly divisible into metals, soft commodities (agricultural produce, further divisible between food and non-food items) and fuels The weather, strikes and the operation of cartels, among other factors, have a substantial effect the prices of commodities; Anything bought or sold, any article of commerce that is non-differentiated; That which affords convenience, advantage, or profit, especially in commerce, including everything movable that is bought and sold (except animals), goods, wares, merchandise, produce of land and manufactures, etc; A parcel or quantity of goods; An article of trade or commerce Often used to denote goods that are relatively homogenous (e g , corn); A commodity is a food, a metal or another physical substance that investors buy or sell, usually via futures contracts; Any bulk good traded on an exchange or in the cash, or spot, market Examples include metals, grains and meats; {i} merchandise, goods, item that is bought and sold; something useful; Convenience; accommodation; profit; benefit; advantage; interest; commodiousness; This generic term covers a wide range of items that can be traded, including metals (such as gold, and silver) and agricultural goods (such as wool and wheat); Bulk goods such as metals, foodstuffs and grains which have their prices determined by competitive bids and offers; A good or a service that is exchanged for money The origin of the term is wider, arising from the idea of a convenience or accommodation; A commodity is food, a metal or another physical substance that investors buy or sell, usually via futures contracts; A broad category of goods/services acquired (agricultural equipment) Shall mean an article of trade, a movable article of value, something that is bought or sold; any movable/tangible thing that is produced or used as the subject or barter or sale; An item of purchase which may include office goods or materials, food, printing, building materials, and other items needed to support normal day-to-day operations Commodity does not include leases of real property and insurance Purchase orders will normally be utilized to obtain items in this category; Something useful or valuable; an article of commerce, especially when delivered for shipment In the context of export control, any piece of equipment, hardware, or other tangible physical property/material; This refers to any product that is essentially undifferentiated This means that there is no difference in the product regardless of which company you buy from Milk is generally said to be a commodity As long as the product meets the provincial health guidelines for milk, there is really no difference between producers or sellers; A commodity is food, metal, or another fixed physical substance that investors buy or sell, usually via futures contracts; Product or goods that attract an excise Currently commodities for excise purposes fall into the following main groups: alcohol petroleum tobacco and coal; A transportable resource product with commercial value; all resource products which are articles of commerce; An article of trade or commerce Similar goods or services purchased within the University community are commonly grouped to facilitate proper analysis of individual costs and various market factors