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All words

noun

commodity

CEFR C2

a raw material that is sold in large quantities, usually to other businesses for manufacturing or production purposes

In a sentence

Six example sentences with commodity, each labelled with its topic.

  • Copper trades as a commodity, and a mine strike in Chile moves the price for every cable manufacturer.

    Finance

  • Vanilla is now a commodity so costly that bakeries buy futures contracts before the baking season starts.

    Cooking

  • Palm oil became a bulk commodity, and mills now ship tankers of it to soap and snack factories.

    Environment

  • When a commodity like iron ore falls in price, exporting countries feel the drop in their tax receipts within a single quarter.

    Economics

  • Tin was the commodity that drew traders to Cornwall, shipped by the ton to bronze workshops across the ancient world.

    History

  • Lithium has become a commodity in its own right, mined by the ton and sold to battery plants under long contracts.

    Technology

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Found in these word lists

Found in 5 published word listsAuthoritative

Each source is a published word list that contains commodity. No exam board publishes an official GRE, GMAT or SAT list; GMAT words come from GRE lists and the Academic Word List.

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