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Commodity vs Property - What's the difference?

commodity | property | Synonyms |

In obsolete terms the difference between commodity and property

is that commodity is self-interest; personal convenience or advantage while property is to make a property of; to appropriate.

As a verb property is

to invest with properties, or qualities.

commodity

English

Alternative forms

* commoditie (archaic )

Noun

(commodities)
  • (obsolete) Convenience; usefulness, suitability.
  • Anything movable (a good) that is bought and sold.
  • * 1995 , James G. Carrier, Gifts and Commodities: Exchange and Western Capitalism Since 1700 , p.122
  • If a key part of shopping is the conversion of anonymous commodities into possessions, shopping is a cultural as much as an economic activity.
  • * 2001 , Rachel Pain, Introducing Social Geographies , p.26
  • In human geography "commodities'" usually refers to goods and services which are bought and sold. The simplest ' commodities are those produced by the production system just before they are sold.
  • * 2005 , William Leiss, Botterill, Jacki, Social Communication in Advertising: Consumption in the Mediated Marketplace , p.307
  • *:* Referring to the work of Bourdieu, Zukin (2004,38) notes that shopping is much more than the purchase of commodities
  • Something useful or valuable.
  • * 2008 , Jan. 14th, Somerset County Gazette
  • And Slade said: "It really makes me sad that football club chairmen and boards seem to have lost that most precious commodity - patience. "Sam's sacking at Newcastle had, I suppose, been on the cards for a while, but it is really ridiculous to fire a manager after such a short time.
  • (obsolete) Self-interest; personal convenience or advantage.
  • *, I.40:
  • Shall we employ the intelligence Heaven hath bestowed upon us for our greatest good, to our ruine? repugning natures desseign and the universal order and vicissitude of things, which implieth that every man should use his instruments and meanes for his owne commoditie ?
  • *, NYRB, 2001, vol.1, p.321:
  • they commonly respect their own ends, commodity is the steer of all their action.
  • (economics) Raw materials, agricultural and other primary products as objects of large-scale trading in specialized exchanges.
  • The price of crude oil is determined in continuous trading between professional players in World's many commodities exchanges.
  • (marketing) Undifferentiated goods characterized by a low profit margin, as distinguished from branded products.
  • Although they were once in the forefront of consumer electronics, the calculators have become a mere commodity .
  • (Marxism) Anything which has both a use-value and an exchange-value.
  • property

    English

    Alternative forms

    * propretie

    Noun

  • Something that is owned.
  • *{{quote-book, year=1927, author= F. E. Penny
  • , chapter=4, title= Pulling the Strings , passage=A turban and loincloth soaked in blood had been found; also a staff. These properties were known to have belonged to a toddy drawer. He had disappeared.}}
  • A piece of real estate, such as a parcel of land.
  • Real estate; the business of selling houses.
  • The exclusive right of possessing, enjoying and disposing of a thing.
  • An attribute or abstract quality associated with an individual, object or concept.
  • * {{quote-magazine, year=2013, month=July-August, author= Philip J. Bushnell
  • , magazine=(American Scientist), title= Solvents, Ethanol, Car Crashes & Tolerance , passage=Furthermore, this increase in risk is comparable to the risk of death from leukemia after long-term exposure to benzene, another solvent, which has the well-known property of causing this type of cancer.}}
  • An attribute or abstract quality which is characteristic of a class of objects.
  • * {{quote-magazine, year=2013, month=July-August, author= Lee S. Langston, magazine=(American Scientist)
  • , title= The Adaptable Gas Turbine , passage=Turbines have been around for a long time—windmills and water wheels are early examples. The name comes from the Latin turbo'', meaning ''vortex , and thus the defining property of a turbine is that a fluid or gas turns the blades of a rotor, which is attached to a shaft that can perform useful work.}}
  • (label) An editable or read-only parameter associated with an application, component or class, or the value of such a parameter.
  • An object used in a dramatic production.
  • (label) Propriety; correctness.
  • (Camden)

    Synonyms

    * (something owned) belongings, owndom, possession * (piece of real estate) land, parcel * (attribute or abstract quality of an object) attribute, feature, owndom * (object used in a dramatic production) prop * See also * See also

    Derived terms

    * abandoned property * accidental property * bound property * chemical property * country property * essential property * hot property * intellectual property * lost property * man of property * mechanical property * metaproperty * mislaid property * personal property * physical property * private property * prop * propertied * property file * property ladder * property law * property line * property man * property master * property owner * property porn * property rights * property tax * propertyless * public property * qualified property * real property

    Verb

  • (obsolete) To invest with properties, or qualities.
  • (Shakespeare)
  • (obsolete) To make a property of; to appropriate.
  • * Shakespeare
  • They have here propertied me.

    Statistics

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