commodity
/kəˈmɑdəti/
noun
- A raw material or primary agricultural product that can be bought and sold, such as oil, gold, or wheat.
- The price of oil, a key commodity, fluctuates based on global demand.
- Gold has long been considered a valuable commodity for trade and investment.
- Farmers grow corn as a commodity to sell on the open market.
- Something that is useful or valuable, especially something that can be bought and sold in general.
- Time is a commodity that you can never get back.
- Clean water is a precious commodity in many parts of the world.
- In the digital age, personal data has become a valuable commodity.