NSW Selective & Scholarship

Learn “Commodity

A free exam-vocabulary guide with a precise meaning, natural context and a memory connection that makes the word easier to retrieve.

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NSW Selective & Scholarship

Commodity

noun/kuh-MOD-ih-tee/

A useful thing that can be bought and sold, like a raw material or product.

Clean water is a precious commodity during a long summer drought.

'Commodity' hides 'commode/comfort' roots meaning useful — a commodity is a useful, tradeable thing.

'Commodity' suits economics or trade topics; it means something bought, sold or valued.