Commodity Meaning. An article of commerce especially when. Commonly consumed foods are those ingested for their nutrient properties.
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Corn bought and sold to make high fructose corn syrup is an example of a commodity. A commodity is any useful or valuable thing especially something that is bought and sold. An article of trade or commerce esp.
Jan 13 2021 A commodity is a basic good used as an input in the production of goods and services.
An article of trade or commerce esp. Something of use advantage or value. A product as distinguished from a service. The word commodity is usually used in an economic context as in importing commodities from other countries or trading in the stocks and commodities markets.