I. kəˈmädəd.ē, -ətē, -i, rap. -ädtē or -i noun
( -es )
Etymology: Middle English commoditee, from Middle French commodité, from Latin commoditat-, commoditas fitness, convenience, pleasantness, from commodus + -itat-, -itas -ity
1.
a. archaic : convenience , usefulness
b. archaic : profit , advantage , expediency
a good wit will make use of anything. I will turn diseases to commodity — Shakespeare
c. : something used or valued especially when regarded as an article of commerce
transformed from a rather fragile comedy into a durable commodity — John McCarten
plenty of that commodity known as “temperament” — H.C.Schonberg
2.
a. : an economic good ; especially : a product of agriculture, mining, or sometimes manufacture as distinguished from services
commodities such as meat, fats, and sugar — American Annual
commodity prices
b. : an article of commerce ; especially : one delivered to a transportation company for shipment
3. obsolete : a parcel or quantity of goods : lot
I knew where a commodity of good names were to be bought — Shakespeare
II. noun
1. : a mass-produced unspecialized product
commodity chemicals
2. : one that is subject to ready exchange or exploitation within a market
stars as individuals and as commodities of the film industry — Film Quarterly