commodity
com·mod·i·ty /kə-'mä-də-tē/ n pl -ties: a class of economic goods; esp: an item of merchandise (as soybeans) whose price is the basis of futures trading

Merriam-Webster’s Dictionary of Law. . 1996.

commodity
index appliance, chattel, item, object, product

Burton's Legal Thesaurus. . 2006


commodity
n.
(1) Something that can be sold; a thing of value.
(2) Raw materials or agricultural products that can be bought and sold.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.


commodity
USA
In the context of US financial regulation, a commodity is typically a raw material or agricultural product (for example, soybeans, cotton and livestock). It should be distinguished from a security(soy beans, cotton, livestock). The CEA gives the CFTC authority to regulate contracts for the sale of a commodity for future delivery. The CFTC also has the authority to regulate US commodities futures markets and its participants.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.


commodity
n. Any tangible good or product that is the subject of sale or barter.

Webster's New World Law Dictionary. . 2000.


commodity
A tangible item that may be bought or sold; something produced for commerce.

Dictionary from West's Encyclopedia of American Law. 2005.


commodity
A tangible item that may be bought or sold; something produced for commerce.

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

Synonyms:

Look at other dictionaries:

  • Commodity — Saltar a navegación, búsqueda Artículo principal: Commodity en inglés Una commodity, en inglés el término original, es un bien o servicio para el que existe demanda, pero que es provisto sin gran aportación de valor por el mercado. Se trata de un …   Wikipedia Español

  • Commodity — Com*mod i*ty, n.; pl. {Commodities}. [F. commodit[ e], fr. L. commoditas. See {Commode}.] 1. Convenience; accommodation; profit; benefit; advantage; interest; commodiousness. [Obs.] [1913 Webster] Drawn by the commodity of a footpath. B. Jonson.… …   The Collaborative International Dictionary of English

  • commodity — early 15c., benefit, profit, welfare; later a convenient or useful product, from M.Fr. commodité benefit, profit, from L. commoditatem (nom. commoditas) fitness, adaptation, convenience, advantage, from commodus suitable, convenient (see COMMODE… …   Etymology dictionary

  • commodity — /koˈmɔditi, ingl. kəˈmHdɪtɪ/ [vc. ingl., propr. «comodità, cosa utile»] s. f. inv. (econ.) materia prima, bene primario …   Sinonimi e Contrari. Terza edizione

  • commodity — [n] merchandise, possession article, asset, belonging, chattel, goods, line, material, object, produce, product, property, specialty, stock, thing, vendible, ware; concepts 338,710 …   New thesaurus

  • commodity — ► NOUN (pl. commodities) 1) a raw material or agricultural product that can be bought and sold. 2) something useful or valuable. ORIGIN Latin commoditas, from commodus convenient …   English terms dictionary

  • commodity — [kə mäd′ə tē] n. pl. commodities [ME & OFr commodite, benefit, profit < L commoditas, fitness, adaptation < commodus: see COMMODE] 1. any useful thing 2. anything bought and sold; any article of commerce 3. [pl.] basic items or staple… …   English World dictionary

  • Commodity — Wares redirects here. For the online distribution of copyrighted goods, see Warez …   Wikipedia

  • commodity — 01. Basic [commodities] such as rice and corn are heavily subsidized by the government. 02. The stocks were once a much desired [commodity], but have since lost over 70% of their original value. 03. In the desert, ice is an invaluable [commodity] …   Grammatical examples in English

  • Commodity —    According to Karl Marx, the commodity is the cornerstone of capitalism and commodity production is a key defining characteristic of capitalism. Marx begins his investigation of capitalism in Capital with an analysis of the commodity. A… …   Historical dictionary of Marxism

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