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VORADictionaryC1Commodity
CEFR C1 — Advanced

Commodity

Definition

(formal) A raw material or primary product that can be bought and sold, such as food, metals, or energy sources; a product or service that is widely available and can be used by many people.

Example Sentences

1The price of commodities such as oil and wheat has fluctuated significantly in recent years due to global economic trends.
2Is it true that the company's main commodity is coffee, sourced from small farmers in Latin America?
3The new trade agreement aims to reduce tariffs on commodities like steel and aluminum, promoting free trade between nations.
4Try to diversify your investment portfolio by including a mix of commodities, stocks, and bonds.
5There is a growing concern that the increasing demand for rare earth commodities could lead to environmental degradation in certain regions.

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