1. Something tangible objects that are relatively easy to trade, can be physically delivered, can be stored for a certain period and can be interchanged with other products with the same type, which usually can be bought or sold by investors through the stock futures
2. More generally, a product that is traded, including foreign exchange, financial instruments and indexes.
Characteristics of the commodity price is determined by market supply and demand rather than determined by your dealer or the seller and the price is based on the calculation of the price of each offender Commodity example is (but not limited to): mineral and agricultural products such as iron ore, oil, ethanol , sugar, coffee, aluminum, rice, wheat, gold, diamond or silver, but there is also a product called "commoditized" (no longer distinguished by brand) such as computer
In linguistics, the word "commodity" is becoming known and used in England in the 15th century from French is "commodité" which means "something fun" in quality and service.
The Latin root is called commoditas which refers to a variety of ways for precise measurements of things, circumstances or conditions the right time, good quality: the ability to produce something, or property, and value-added or profit.
In Germany the so-called die Ware, ie the products or goods offered for sale.
In France called "produit de base" like energy, goods, or industrial raw materials.
In Indonesia can be defined as: merchandise, trade objects, or raw materials that can be classified according to their quality in accordance with international trade standards, such as wheat, rubber, coffee.
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