commodities
commodities — noun
- commoditiessingular
- commoditiesesplural
1. a basic product, such as oil, wheat, or metal, that is bought and sold in large
a basic product, such as oil, wheat, or metal, that is bought and sold in large quantities and has the same market value regardless of who produces it — its price is determined by supply and demand rather than by brand or individual features.
The price of oil and other commodities has fallen sharply this year.
collocation: commodity price / price of commodities
Selim invests in commodities such as gold, copper, and silver.
collocation: invest in commodities
Coffee is one of the most widely traded commodities in the world.
Ayana's company buys agricultural commodities directly from small farms in Kenya.
Agricultural commodities like wheat and corn are traded on exchanges in Chicago and London.
- goods
broader — goods includes finished products; commodities are specifically raw or basic goods
- merchandise
more commercial/retail — merchandise suggests finished items for sale
- raw materials
narrower — raw materials are a subset of commodities that have not been processed at all
- products
more general — products can be finished or branded; commodities are interchangeable across producers
用法筆記
Often used in the plural form (commodities) when referring to the general category of raw materials and primary products traded on global markets.
常見錯誤
2. a personal quality or characteristic — such as honesty, skill, or experience — t
a personal quality or characteristic — such as honesty, skill, or experience — that is considered extremely useful or valuable, almost as if it were a tradable resource in a particular situation.
In this industry, experience is a rare commodity that employers are willing to pay for.
metaphorical: experience is a commodity
Honesty is a valuable commodity in any workplace, especially among sales teams.
Patience became Naoko's most valuable commodity during the long project negotiations.
Greta knows that time is the one commodity she can never get back.
For a journalist, access to reliable sources is a priceless commodity.
- asset
more neutral and common — asset can be any positive quality; commodity emphasizes market-like scarcity and value
- advantage
different emphasis — advantage focuses on competitive benefit rather than inherent value
- quality
more general — quality does not carry the metaphorical sense of tradability that commodity suggests
用法筆記
This sense always appears in a metaphorical comparison — the quality is compared to a physical commodity. It is typically modified by an adjective (rare, valuable, priceless) and used in a singular count-noun frame: 'a/one/that + adjective + commodity'.