Definition of Commodity
Commodity
com·mod·i·ty
Definition/Meaning
(noun)
an economic good or product that can be bought and sold;
e.g. Commodities such as coffee, milk, and sugar, are what keep my cafe business running.
(noun)
a useful or valuable thing or entity;
e.g. Water is a precious commodity that we are grateful to have.
Similar Words
Opposite Words
Related Words
Quotes
"When you sell on price, you are a commodity. When you sell on value, you are a resource." -- Bob Burg
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