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commodity
noun
com·mod·i·ty kə-ˈmä-də-tē 
plural commodities
3
: a good or service whose wide availability typically leads to smaller profit margins and diminishes the importance of factors (such as brand name) other than price
Synonyms
Example Sentences
agricultural commodities like grain and corn Oil is a commodity in high demand. Patience is a rare commodity.
Recent Examples on the Web The evolving health care market assumes that health care is a commodity that does not require long-term relationships, much less the need to abide by a covenant of care. 
Peter A. Bonis, STAT, 11 Sep. 2022 In anticipation of her impending retirement, tickets for the first days at the U.S. Open became a hot commodity. CBS News, 2 Sep. 2022 McVay, who was three years younger than him, was a hot NFL commodity and a year from being named the Rams coach. Dave Hyde, Sun Sentinel, 31 Aug. 2022 The devices appear to be an emerging commodity on the black market. Scott Glover And Curt Devine, CNN, 30 Aug. 2022 Take the issue of titanium sourcing, for example, which is a crucial input commodity for aerospace manufacturers. Steven Tian, Fortune, 24 Aug. 2022 Gold is a global commodity and is not tied to the performance of any particular stock or bond. The Salt Lake Tribune, 24 Aug. 2022 Countertop ice makers have recently become a hot commodity to buy, especially for those of us whose fridges don’t have an ice maker at all. Josie Howell | Jhowell@al.com, al, 23 Aug. 2022 And because of how tough off-base markets are, on-base housing has become a hot commodity, with many bases having long waitlists. R.j. Rico, Anchorage Daily News, 20 Aug. 2022 See More
Peter A. Bonis, STAT, 11 Sep. 2022 In anticipation of her impending retirement, tickets for the first days at the U.S. Open became a hot commodity. CBS News, 2 Sep. 2022 McVay, who was three years younger than him, was a hot NFL commodity and a year from being named the Rams coach. Dave Hyde, Sun Sentinel, 31 Aug. 2022 The devices appear to be an emerging commodity on the black market. Scott Glover And Curt Devine, CNN, 30 Aug. 2022 Take the issue of titanium sourcing, for example, which is a crucial input commodity for aerospace manufacturers. Steven Tian, Fortune, 24 Aug. 2022 Gold is a global commodity and is not tied to the performance of any particular stock or bond. The Salt Lake Tribune, 24 Aug. 2022 Countertop ice makers have recently become a hot commodity to buy, especially for those of us whose fridges don’t have an ice maker at all. Josie Howell | Jhowell@al.com, al, 23 Aug. 2022 And because of how tough off-base markets are, on-base housing has become a hot commodity, with many bases having long waitlists. R.j. Rico, Anchorage Daily News, 20 Aug. 2022 See More Word History
Etymology
Middle English commoditee, from Anglo-French, from Latin commoditat-, commoditas, from commodus
First Known Use
15th century, in the meaning defined at sense 1
Time Traveler
The first known use of commodity was in the 15th century Phrases Containing commodity
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