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Commodity | Meaning Example | InvestingAnswers What Is a Commodity? A commodity is a raw material that is bought and sold but is interchangeable with other materials of the same type -- such as oranges or lumber Companies that produce these goods sell them to the companies that will use them
COMMODITY definition and meaning | Collins English Dictionary A commodity is an item that is traded on the market, such as wheat, gold, silver, oil, coffee, or sugar The corporation provided $150 million to finance the exports of various commodities and food goods including cotton and tobacco
What are Commodities? Definition Examples | Finbold A commodity is an essential good or material used in commerce to produce and manufacture other goods or services They are used as inputs in the manufacturing process and are often interchangeable with similar goods