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Commodity vs Trade - What's the difference?

commodity | trade |

As a noun commodity

is (obsolete) convenience; usefulness, suitability.

As a verb trade is

.

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.

    • trade

    English

    (wikipedia trade)

    Noun

  • (uncountable) Buying and selling of goods and services on a market.
  • (countable) A particular instance of buying or selling.
    • I did no trades with them once the rumors started.
  • (countable) An instance of bartering items in exchange for one another.
  • * 1989 , (Bruce Pandolfini), Chess Openings: Traps and Zaps , ISBN 0671656902, "Glossary" section, page 225 [http://books.google.com/books?id=pocVITTr8tMC&pg=PA225&dq=trade]:
    • EXCHANGE — A trade or swap of no material profit to either side.
  • * 2009 , Elliott Kalb and Mark Weinstein, The 30 Greatest Sports Conspiracy Theories of All Time , ISBN 9781602396784, page 60 [http://books.google.com/books?id=nQd8MHuaXysC&pg=PA60&dq=trade]:
    • When Golden State matched the Knicks' offer sheet, the Warriors and Knicks worked out a trade that sent King to New York for Richardson.
  • (countable) Those who perform a particular kind of skilled work.
    • The skilled trades were the first to organize modern labor unions.
  • (countable) Those engaged in an industry or group of related industries.
    • It is not a retail showroom. It is only for the trade .
  • (countable) The skilled practice of a practical occupation.
    • He learned his trade as an apprentice.
  • * {{quote-book, year=2006, author=
    • , title=Internal Combustion , chapter=2, url=http://openlibrary.org/works/OL4103950W , passage=But through the oligopoly, charcoal fuel proliferated throughout London's trades and industries.  By the 1200s, brewers and bakers, tilemakers, glassblowers, pottery producers, and a range of other craftsmen all became hour-to-hour consumers of charcoal.}}
  • (uncountable, UK) The business given to a commercial establishment by its customers.
    • Even before noon there was considerable trade .
  • (mostly, in the plural) Steady winds blowing from east to west above and below the equator.
    • They rode the trades going west.
  • * James Horsburgh
    • the north-east trade
  • (only as plural) A publication intended for participants in an industry or related group of industries.
    • Rumors about layoffs are all over the trades .
  • (uncountable, LGBT, slang) A brief sexual encounter.
    • Josh picked up some trade last night.
  • (obsolete, uncountable) Instruments of any occupation.
  • * Dryden
    • the house and household goods, his trade of war
  • (mining) Refuse or rubbish from a mine.
  • (obsolete) A track or trail; a way; a path; passage.
  • * Surrey
    • A postern with a blind wicket there was, / A common trade to pass through Priam's house.
  • * Spenser
    • Hath tracted forth some salvage beastes trade .
  • * Shakespeare
    • Or, I'll be buried in the king's highway, / Some way of common trade , where subjects' feet / May hourly trample on their sovereign's head.
  • (obsolete) Course; custom; practice; occupation.
  • * Udall
    • the right trade of religion
  • * Spenser
    • There those five sisters had continual trade .
  • * Massinger
    • Long did I love this lady, / Long was my travel, long my trade to win her.
  • * Shakespeare
    • Thy sin's not accidental but a trade .

    Quotations

    * (English Citations of "trade")

    Derived terms

    * antitrade/anti-trade * balance of trade * basket trade * block trade * bullet trade * carbon trade * carriage trade * carry trade * carousel trade * cash and carry trade * coasting trade * countertrade * cross-trade * day trade * fair trade * free trade * horse trade * invisible trade * jack of all trades * motor trade * off-trade * on-trade * out trade * paper trade * rag trade * restraint of trade * rough trade * reverse of trade * slave trade * spot trade * stock-in-trade * terms of trade * trade barrier * trade card * trade deficit * trade dispute * trade fair * trade magazine * trade mark/trademark * trade name * trade newspaper * trade-off * trade route * trade secret * trade show * trade standard * trade surplus * trade term * trade union * trade war * trade wind * trader * tradesman * tradesperson * uptick trade * visible trade

    Synonyms

    * (the commercial exchange of goods and services) commerce * (the collective people who perform a particular kind of skilled work) business * (the skilled practice of a practical occupation) craft * (An instance of buying and selling) deal, barter * (the business given to a commercial establishment by its customers) patronage

    Verb

    (trad)
  • To engage in trade
    • This company trades in precious metal.
  • * Arbuthnot
    • a free port, where nations resorted with their goods and traded
  • To be traded at a certain price or under certain conditions.
  • To give (something) in exchange for.
    • Will you trade your precious watch for my earring?
  • To do business; offer for sale as for one's livelihood.
  • To have dealings; to be concerned or associated (with).
  • * Shakespeare
    • How did you dare to trade and traffic with Macbeth?

    Quotations

    * (English Citations of "trade")

    Derived terms

    * insider trading * trade in * tradable

    Synonyms

    * (engage in the trade of) deal * (be traded at a certain price or under certain conditions) * (give something in exchange for) exchange, swap, switch * (do business) do business, make a deal

    See also

    * buy * sell

    Anagrams

    * ----