Goods that are supplied to the market without differentiation based on brand, source, or other factors. While manufactured Goods such as automobiles vary by maker and type and are not interchangeable, units of commodities such as crude oil, wheat, or copper are considered essentially the same for market purposes.
Browse by Subjects
Dry bulk commodity
Australian Future Fund
See All Related Terms »
American Psychological Association (APA):
Chicago Manual of Style (CMS):
Modern Language Association (MLA):