noun · neutral
commodity
UK/kəˈmɒdəti/US/kəˈmɑːdəti/com·MOD·i·ty
a raw material or primary agricultural product that can be bought and sold, or a basic good used in commerce
Examples
“Water is becoming an increasingly valuable commodity in many regions.”
“The price of commodities like oil and wheat rose sharply.”
“You can use 'commodity' in Task 2 when discussing resources and trade.”
Band 8 sentence
“Freshwater scarcity is turning clean water into a scarce and politically sensitive commodity.”
Collocations
- valuable commodity
- commodity prices
- essential commodity
Word family
Common mistakes
translate directly as 'commodity' for any product: "This commodity is cheap"→use 'product' or 'item' if not a market-traded good
forget plural when cần: "many commodity"→"many commodities"
Say it for a higher band
5product→6goods→7+commodity
Synonyms
goods
product
Easily confused
product
“The factory exported thousands of products last year.”
goods
“The goods were shipped to the neighbouring country.”
Related words
Learn this word with the rest of its set, and get reminded at the right time.
In Sublist 10
Learn it with its set