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 so with …

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

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

The latest commodity trading prices for oil, natural gas, gold, silver, wheat, corn and more on the U.S. commodities & futures market.

Sep 19, 2025 · Commodities are traded on commodity exchanges and serve as the underlying investment for commodities futures and options contracts.

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

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

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 demand, a …

Dec 14, 2025 · commodity (countable and uncountable, plural commodities) (business) Anything movable (a good) that is bought and sold. [from 15th c.] quotations

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