commodity
noun
com·mod·i·ty
kə-ˈmä-də-tē
plural commodities
1
: an economic good: such as
a
: a product of agriculture or mining
agricultural commodities like grain and corn
b
: an article of commerce especially when delivered for shipment
reported the damaged commodities to officials
c
: a mass-produced unspecialized product
commodity chemicals
commodity memory chips
2
b
: convenience, advantage
… the many commodities incidental to the life of a public office …—Charles Lamb
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
4
: one that is subject to ready exchange or exploitation within a market
… stars as individuals and as commodities of the film industry.—Film Quarterly
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Merriam-Webster unabridged
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