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Commodity
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Meaning
Noun
●
In Business:
Anything
movable
(a good) that is
bought
and sold.
●
Something
useful
or valuable.
●
In Economics:
Raw
materials
,
agricultural
and other
primary
products as
objects
of
large-scale
trading in
specialized
exchanges.
●
In Marketing:
Undifferentiated
goods
characterized
by a low
profit margin
, as
distinguished
from
branded
products.
●
In Marxism:
Anything which has both a use-value and an exchange-value.
●
Convenience;
usefulness
, suitability.
●
Self-interest; personal
convenience
or advantage.
Sourced from
Wiktionary
Related
Product
Resource
Currency
Item
Asset
Stock
Crop
Property
Price
Producer
Market
Industry
Food
Material
Transaction
Brand
Supplier
Products
Drug
Sector
Substance
Trade
Petroleum
Cryptocurrency
Import
Mineral
Consumer
Country
Export
Business
Buyer
Cargo
Investment
Natural Resource
Raw Material
Consumer Good
Precious Metal
Financial Instrument
Cash Crop
Status Symbol
Raw Materials
Crude Oil
Market Price
Store Of Value
Means Of Exchange
Medium Of Exchange
Factor Of Production
More
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