Commodity vs. Product

Commoditynoun

Anything movable (a good) that is bought and sold.

Commoditynoun

Something useful or valuable.

Commoditynoun

(economics) Raw materials, agricultural and other primary products as objects of large-scale trading in specialized exchanges.

Commoditynoun

(marketing) Undifferentiated goods characterized by a low profit margin, as distinguished from branded products.

Commoditynoun

(Marxism) Anything which has both a use-value and an exchange-value.

Commoditynoun

(obsolete) Convenience; usefulness, suitability.

Commoditynoun

(obsolete) Self-interest; personal convenience or advantage.

Commoditynoun

Convenience; accommodation; profit; benefit; advantage; interest; commodiousness.

Commoditynoun

That which affords convenience, advantage, or profit, especially in commerce, including everything movable that is bought and sold (except animals), - goods, wares, merchandise, produce of land and manufactures, etc.

Commoditynoun

A parcel or quantity of goods.

Commoditynoun

articles of commerce

Commodity

In economics, a commodity is an economic good, usually a resource, that has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced them.The price of a commodity good is typically determined as a function of its market as a whole: well-established physical commodities have actively traded spot and derivative markets. The wide availability of commodities typically leads to smaller profit margins and diminishes the importance of factors (such as brand name) other than price.

Productnoun

A commodity offered for sale.

Productnoun

Any preparation to be applied to the hair, skin, nails, etc.

Productnoun

Anything that is produced; a result.

Productnoun

The amount of an artifact that has been created by someone or some process.

Productnoun

A consequence of someone's efforts or of a particular set of circumstances.

Productnoun

(chemistry) A chemical substance formed as a result of a chemical reaction.

Productnoun

(arithmetic) A quantity obtained by multiplication of two or more numbers.

Productnoun

(mathematics) Any operation or a result thereof which generalises multiplication of numbers, like the multiplicative operation in a ring, product of types or a categorical product.

Productnoun

Any tangible or intangible good or service that is a result of a process and that is intended for delivery to a customer or end user.

Productnoun

Illegal drugs, especially cocaine, when viewed as a commodity.

Productnoun

Anything that is produced, whether as the result of generation, growth, labor, or thought, or by the operation of involuntary causes; as, the products of the season, or of the farm; the products of manufactures; the products of the brain.

Productnoun

The number or sum obtained by adding one number or quantity to itself as many times as there are units in another number; the number resulting from the multiplication of two or more numbers; as, the product of the multiplication of 7 by 5 is 35. In general, the result of any kind of multiplication. See the Note under Multiplication.

Productverb

To produce; to bring forward.

Productverb

To lengthen out; to extend.

Productverb

To produce; to make.

Productnoun

commodities offered for sale;

Productnoun

an artifact that has been created by someone or some process;

Productnoun

a consequence of someone's efforts or of a particular set of circumstances;

Productnoun

a chemical substance formed as a result of a chemical reaction;

Productnoun

a quantity obtained by multiplication;

Productnoun

the set of elements common to two or more sets;