Definitions for commodities
com·modi·ties

WiktionaryRate this definition:0.0 / 0 votes

1. commoditiesnoun

   Plural form of commodity.

WikipediaRate this definition:0.0 / 0 votes

1. commodities

   In economics, a commodity is an economic good, usually a resource, that has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced them.The price of a commodity good is typically determined as a function of its market as a whole: well-established physical commodities have actively traded spot and derivative markets. The wide availability of commodities typically leads to smaller profit margins and diminishes the importance of factors (such as brand name) other than price. Most commodities are raw materials, basic resources, agricultural, or mining products, such as iron ore, sugar, or grains like rice and wheat. Commodities can also be mass-produced unspecialized products such as chemicals and computer memory. Popular commodities include crude oil, corn, and gold. Other definitions of commodity include something useful or valued and an alternative term for an economic good or service available for purchase in the market. In such standard works as Alfred Marshall's Principles of Economics (1920) and Léon Walras's Elements of Pure Economics ([1926] 1954) 'commodity' serves as general term for an economic good or service.

Webster DictionaryRate this definition:0.0 / 0 votes

1. Commodities

   of Commodity

Editors ContributionRate this definition:0.0 / 0 votes

1. commodities

   Plural form of the word commodity.

   Commodities are part of an economy.

   
   

   Submitted by MaryC on March 14, 2020  

Anagrams for commodities »

1. commoditise

How to pronounce commodities?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say commodities in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of commodities in Chaldean Numerology is: 7

2. Pythagorean Numerology

   The numerical value of commodities in Pythagorean Numerology is: 8

Examples of commodities in a Sentence

1. Vince Hall:

   There are funds available for investment in the acquisition of agricultural commodities, which can then be given to food banks, it really is a question of prioritization.

2. Craig Erlam:

   In the last 48 hours we've seen record low yields on euro zone debt, falling yields on U.S. debt despite the first rate hike being just around the corner, a collapse in the euro driving the rally in the dollar, which in turn has brought weakness in commodities that yesterday led to a big sell off in stock indices, under the circumstances, it's hard to argue that the ECB's programme isn't causing waves in the markets.

3. Chris Jarvis:

   It is difficult to find anyone who is bullish right now on oil, saudi Arabia has basically told the world that Saudi Arabia's full steam ahead in production. Add the global oil glut and the strong dollar weighing on commodities, and it's a one-way ticket down with nothing on the horizon to derail it.

4. Med Jones:

   Commodities have shown a high correlation to inflation, especially in high inflation periods. In addition to diversification, the commodities asset class may also protect investment portfolios against an expected inflation or a declining local currency.

5. Norihiro Fujito:

   Essentially, global shares and commodities have been rallying since U.S. Federal Reserve Chair Janet Yellen had indicated a dovish stance in March, but you would need more improvement in economic fundamentals for the rally to go further. The S&P 500 is quite overvalued, trading at 17.8 times the forecast profits. Disappointing earnings from hi-tech companies will surely cap the market.

Popularity rank by frequency of use

References

1. ^ Wiktionary
   https://en.wiktionary.org/wiki/Commodities
2. ^ Wikipedia
   https://en.wikipedia.org/wiki/Commodities
3. ^ Webster Dictionary
   https://www.merriam-webster.com/dictionary/commodities