commodity
A raw material or primary agricultural product that can be bought and sold, such as copper, coffee, or oil. In a broader sense, it can refer to any useful or valuable thing that is treated as a tradeable good.
Ejemplos
3 de 5Water is becoming an increasingly scarce commodity in many parts of the world.
Water is becoming a very rare and valuable resource in many regions.
The international trade agreement regulates the export of various agricultural commodities.
The global treaty controls how different farming products are sent to other countries.
In this busy office, a quiet moment is a rare commodity.
In this hectic workplace, having some peace is a very unusual and valued thing.
Antónimos
Familia de palabras
Truco para recordar
Think of 'Common-Dity'. It is a 'common' item like corn or oil that is the same no matter who sells it.
Quiz rápido
In the modern digital age, personal data has become a valuable ________ for tech companies.
¡Correcto!
La respuesta correcta es: commodity
Ejemplos
Water is becoming an increasingly scarce commodity in many parts of the world.
everydayWater is becoming a very rare and valuable resource in many regions.
The international trade agreement regulates the export of various agricultural commodities.
formalThe global treaty controls how different farming products are sent to other countries.
In this busy office, a quiet moment is a rare commodity.
informalIn this hectic workplace, having some peace is a very unusual and valued thing.
The price fluctuations of primary commodities often dictate the economic stability of developing nations.
academicThe changing costs of raw materials often control the financial health of growing countries.
Investors are looking to diversify their portfolios by purchasing precious metals and other commodities.
businessInvestors want to spread their risks by buying gold and other tradeable raw materials.
Antónimos
Familia de palabras
Colocaciones comunes
Frases Comunes
hot commodity
A person or thing that is currently very popular or in high demand.
precious commodity
Something very valuable, often referring to time or health.
primary commodity
A material in its raw state before processing.
Se confunde a menudo con
A product is usually a finished good (like a phone), whereas a commodity is usually a raw material (like gold) that is interchangeable with others of the same type.
In older English, commodity meant convenience, but today it strictly refers to tradeable goods.
Notas de uso
Use 'commodity' when discussing economics, trade, or raw materials. Figuratively, it is used to describe abstract qualities like 'time' or 'patience' when they are seen as limited resources.
Errores comunes
Learners sometimes use 'commodity' to describe any object they own; however, it specifically refers to things that are bought and sold in bulk or are uniform in quality.
Truco para recordar
Think of 'Common-Dity'. It is a 'common' item like corn or oil that is the same no matter who sells it.
Origen de la palabra
Derived from the Latin 'commoditas', meaning fitness, convenience, or advantage.
Patrones gramaticales
Contexto cultural
In capitalist societies, 'commodification' is a term used to describe the process of turning things not normally considered goods (like art or human labor) into something that can be bought and sold.
Quiz rápido
In the modern digital age, personal data has become a valuable ________ for tech companies.
¡Correcto!
La respuesta correcta es: commodity
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