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Home > Terms > English, UK (UE) > Commodity
Commodity
An article of commerce or a product that can be used for commerce. In a narrow sense, products traded on an authorised commodity exchange. The types of commodities include agricultural products, metals, petroleum, foreign currencies, and financial instruments and index, to name a few.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Financial services
- Category: Commodity exchange
- Company:
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- Acronym-Abbreviation:
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