Definition of Commodity

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Commodity

Convenience; accommodation; profit; benefit; advantage; interest; commodiousness.

That which affords convenience, advantage, or profit, especially in commerce, including everything movable that is bought and sold (except animals), -- goods, wares, merchandise, produce of land and manufactures, etc.

A parcel or quantity of goods.

Related Definitions:

Accommodation, Advantage, And, Benefit, Bought, Commerce, Commodiousness, Convenience, Especially, Everything, Except, Goods, In, Including, Interest, Is, Land, Merchandise, Movable, Of, Or, Parcel, Produce, Profit, Quantity, Sold, That, Wares, Which

Commodity Quotations

If I'd written all the truth I knew for the past ten years, about 600 people - including me - would be rotting in prison cells from Rio to Seattle today. Absolute truth is a very rare and dangerous commodity in the context of professional journalism.
Hunter S. Thompson

A commodity appears at first sight an extremely obvious, trivial thing. But its analysis brings out that it is a very strange thing, abounding in metaphysical subtleties and theological niceties.
Karl Marx

The ability to deal with people is as purchasable a commodity as sugar or coffee and I will pay more for that ability than for any other under the sun.
John D. Rockefeller

We abuse land because we regard it as a commodity belonging to us. When we see land as a community to which we belong, we may begin to use it with love and respect.
Aldo Leopold

You know, you really can't beat a household commodity - the ketchup bottle on the kitchen table.
Adlai E. Stevenson

In comparing therefore the value of the same commodity, at different periods of time, the consideration of the comparative skill and intensity of labour, required for that particular commodity, needs scarcely to be attended to, as it operates equally at both periods.
David Ricardo

In stating the principles which regulate exchangeable value and price, we should carefully distinguish between those variations which belong to the commodity itself, and those which are occasioned by a variation in the medium in which value is estimated, or price expressed.
David Ricardo

If a commodity were in no way useful, - in other words, if it could in no way contribute to our gratification, - it would be destitute of exchangeable value, however scarce it might be, or whatever quantity of labour might be necessary to procure it.
David Ricardo

If the quantity of labour realized in commodities, regulate their exchangeable value, every increase of the quantity of labour must augment the value of that commodity on which it is exercised, as every diminution must lower it.
David Ricardo

Truth is life's most precious commodity.
Edwin Louis Cole

Commodity Translations

commodity in Afrikaans is artikel
commodity in Dutch is handelsartikel, artikel
commodity in Finnish is tavara
commodity in German is Bedarfsartikel, Ware
commodity in Portuguese is producto
commodity in Swedish is handelsvara

Quotes