commodity

noun · kuh-MOD-i-tee

CEFR C1

a product that is bought and sold, like rice or oil

वस्तु, जिंस

Usage

a basic commoditycommodity pricesa precious commodity

Examples

Rice and wheat are basic commodities.

In summer, water becomes a precious commodity.

Common mistake

Our new flat has every modern commodity.

Our new flat has every modern convenience.

A commodity is a product that is traded.

Remember: Commodity: goods in the market.

Useful for

CATXATGMATGRETOEFLCUET-UGCUET-PGSNAPNMATUPSCUGC NET