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commodity

/kəˈmɑdəti/ noun

In Latin: merx Wiktionary

noun Definition from Wiktionary (CC BY-SA). Pronunciation from Wiktionary, via Kaikki.org. More about commodity at Wordnik → Where our words come from →

  1. Anything movable (a good) that is bought and sold. .mw-parser-output .defdate{font-size:smaller}
  2. Something useful or valuable.
  3. Raw materials, agricultural and other primary products as objects of large-scale trading in specialized exchanges.
    The price of crude oil is determined in continuous trading between professional players in World's many commodities exchanges.

Origin

Inherited from Middle English commoditee, borrowed from Anglo-Norman commoditee, from Latin commoditās.

From Wiktionary, via Kaikki.org (CC BY-SA)