Commodity


Also found in: Dictionary, Thesaurus, Medical, Financial, Acronyms, Encyclopedia, Wikipedia.
Related to Commodity: Commodity market, Commodity Futures

Commodity

A tangible item that may be bought or sold; something produced for commerce.

Commodities are defined as marketable goods or wares, such as raw or partially processed materials, farm products, or jewelry. Intangibles, such as human labor, services, or advertising, are generally not considered to be commodities.

See: appliance, chattel, item, object, product
References in periodicals archive ?
At the end of May, the top commodity sectors represented within the Bloomberg index were energy (34.
producers, such as corn growers, have benefited from higher commodity prices.
The commodity stocks we are talking about could be that of a mining or manufacturing company such as Tata Steel and Steel Authority of India Ltd (steel makers), Sesa Goa (iron ore mining), Hindalco, Nalco and Sterlite (aluminium mining), Cairn India and ONGC (oil & gas exploration).
Dot Commodity is Japan's largest and fastest growing commodity futures broker with headquarters in Shibuya-ku, Tokyo.
The SECP also devised the minimum requirements for a commodity scheme after thorough consultation with the market participants and in accordance with the best international practices.
Since these funds have their underlying investments in global commodity stocks, they also carry exchange rate risks.
Thus Wall Street's commodity asset class innovation has the potential to destabilize energy markets thoroughly.
Cost savings is another key attribute of the commodity approach.
The third key issue for foundry CEOs is if your management team should act to protect its commodity castings business by significantly lowering costs and prices or if it should act instead to expand the company's value-added castings business.
The vigor of technological improvement is what convinces me that disk drive technology cannot be a commodity.
There is little question that the Conservation Reserve Program appealed to farm and commodity groups because it promised to draw down the surpluses compounding the farm economy's troubles of the mid-1980s.
The AICPA AcSEC issued a proposed statement of position that would amend SOP 95-2, Financial Reporting by Nonpublic Investment Partnerships, to include within its scope a type of investment partnership--known as a commodity pool--formed to trade interests in commodities and regulated under the Commodity Exchange Act of 1974.