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TOEFL IELTS BNC: 4365 COCA: 4581

commodity

Word family 
Related topics: Economics
com·mod·i·ty /kəˈmɒdəti $ kəˈmɑː-/ ●○○ noun (plural commodities) [countableC]  
1  PEa product that is bought and sold 商品
 agricultural commodities
农业商品
 Commodity prices fell sharply.
商品价格急剧下跌。
► see thesaurus at product
2  formalTHING a useful quality or thing 有用的性质；有用的东西
 Time is a precious commodity.
时间是宝贵的财富。
n COLLOCATIONS
adjectives
an important commodity
Crude oil is the world’s most important commodity.
an expensive commodity
Consumers began to find that they could afford more expensive commodities.
a valuable/precious commodity
Land is an extremely valuable commodity.
a rare/scarce commodity
Soap was a scarce commodity during the war.
a hot commodity (=one that a lot of people want to buy)
Web domains ending in .com became hot commodities.
a saleable/tradeable commodity (=one that can be sold or traded)
Land is a freely saleable commodity.
agricultural commodities
The falling prices of agricultural commodities such as coffee have severely affected the economy.
industrial commodities
Sales of the old industrial commodities of iron and coal are still important.
commodity + NOUN
commodity prices
Commodity prices are very high in the UK.
a commodity market
Coffee is facing the deepest crisis in a global commodity market since the great depression of the 30s.
Examples from the Corpus
commodity• Food shopping takes time, a commodity of which most of us have precious little.• He might want her as a doctor, but as a woman, it seemed, she was a disposable commodity.• But divinity is a fragile commodity.• Other commodity exchanges said they would keep normal hours.• A lighter is a rare commodity here.• Most alarmingly, the show suggests that industrialism, valuing commodities above itself, promoted a ghoulish worship of death.• Of course many programmes of regional co-operation exist, but unlike oil most Third World commodities are no longer essential to the West.
From Longman Business Dictionary
commoditycom·mod·i·ty /kəˈmɒdətikəˈmɑː-/ noun (plural commodities) [countableC]
1FINANCE a product that can be sold to make a profit, especially one in its basic form before it has been used or changed in an industrial process. Examples of commodities are farm products and metals
The company trades worldwide, buying and selling basic commodities such as timber, coal and cement.
Rice is the country’s principle export commodity.
→ cyclical commodity → hard commodity → physical commodity → soft commodity
2 (also commodity product)MARKETING a product or service that is difficult to show as being different from similar products or services offered by competitors
PCs have become commodities.
Origin commodity
(1400-1500) French commodité, from Latin commoditas, from commodus; → COMMODE
com·mod·i·ty noun →n COLLOCATIONS1
LDOCE Online
Chinese
Syllable
Corpus
TOEFL IELTS BNC: 4365 COCA: 4581
commodity

noun¹

 1product/raw material產品；原料ADJECTIVE | VERB + COMMODITY | COMMODITY + NOUN | PHRASES ADJECTIVE➤basic, important, primary基本／重要／主要商品▸➤cheap便宜商品▸➤expensive昂貴商品▸➤rare, scarce稀缺商品◇Coal is becoming a rare commodity.煤正在成為稀缺商品。➤marketable, saleable暢銷商品➤export出口商品▸➤perishable易腐商品▸➤agricultural, industrial農產品；工業商品◇basic agricultural commodities基本農產品➤global全球商品VERB + COMMODITY➤produce生產商品COMMODITY + NOUN➤market商品市場➤exchange商品交易▸➤futures, prices商品期貨／價格▸➤export, trade, trading商品出口；商品貿易▸➤broker, trader商品經紀人；商人➤production商品生產PHRASES➤trade in commodities商品貿易
commodity

noun²

 2sth that is useful有用之物ADJECTIVE➤hot, precious, valuable搶手貨；珍貴物品；貴重物品◇Time is a very valuable commodity.時間是非常寶貴的。➤rare, scarce罕有的東西；稀缺物➤global全球資源品
TOEFL IELTS BNC: 4365 COCA: 4581
commodity noun
⇨ product (basic commodities) ⇨ thing 2 (Water is a precious commodity.)
TOEFL IELTS BNC: 4365 COCA: 4581
commodity
Products and groups of products: brand, brand leader, brand name...
Important thing or detail: feature, priority, element...

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