Commodities Meaning in English
word · lemma: commodity
Definition
Commodities are basic goods or raw materials, like oil, wheat, or gold, that are bought and sold, usually in large quantities. They are often used as parts of other products or traded on global markets.
Usage & Nuances
Most commonly used in business, finance, and economics. Typical examples: oil, metals, grain, coffee. Takes a plural form when talking about types or categories, and is often used with 'prices', 'markets', or 'trading'. In general English, less used outside economics.
Example Sentences
The prices of many commodities have increased this year.
basic
Oil and gold are important commodities in global trade.
basic
Farmers sell their crops as commodities.
basic
Investors watch commodities markets closely to spot new trends.
natural
After the storm, the supply of key commodities was disrupted.
natural
Food and energy are two types of commodities that affect our daily lives the most.
natural