less than 1 minute read

Commodity

A tangible item that may be bought or sold; something produced for commerce.

Commodities are defined as marketable goods or wares, such as raw or partially processed materials, farm products, or jewelry. Intangibles, such as human labor, services, or advertising, are generally not considered to be commodities.

Additional topics

Law Library - American Law and Legal InformationFree Legal Encyclopedia: Coagulation to Companies House