Commodity vs. Merchandise — What's the Difference?
Difference Between Commodity and Merchandise
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Compare with Definitions
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.
Merchandise
Goods bought and sold in business; commercial wares.
Commodity
Something useful that can be turned to commercial or other advantage
"Left-handed, power-hitting third basemen are a rare commodity in the big leagues" (Steve Guiremand).
Merchandise
To buy and sell (goods).
Commodity
A product or service that is indistinguishable from ones manufactured or provided by competing companies and that therefore sells primarily on the basis of price rather than quality or style.
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Merchandise
To promote the sale of, as by advertising or display
Merchandised a new product.
Commodity
(Archaic) Advantage; benefit.
Merchandise
To buy and sell goods; trade commercially.
Commodity
Anything movable (a good) that is bought and sold.
Merchandise
(uncountable) Goods which are or were offered or intended for sale.
Good business depends on having good merchandise.
Commodity
Something useful or valuable.
Merchandise
(uncountable) Commercial goods connected (branded) with an entity such as a team, band, company, charity, work of fiction, festival, or meme. merch.}}
Commodity
(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.
Merchandise
A commodity offered for sale; an article of commerce; a kind of merchandise.
Commodity
(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.
Merchandise
The act or business of trading; trade; traffic.
Commodity
(Marxism) Anything which has both a use-value and an exchange-value.
Merchandise
To engage in trade; to carry on commerce.
Commodity
(obsolete) Convenience; usefulness, suitability.
Merchandise
(intransitive) To engage in in-store promotion of the sale of goods, as by display and arrangement of goods.
He started his career merchandising in a small clothing store chain.
Commodity
(obsolete) Self-interest; personal convenience or advantage.
Merchandise
To engage in the trade of.
Commodity
Convenience; accommodation; profit; benefit; advantage; interest; commodiousness.
Drawn by the commodity of a footpath.
Men may seek their own commodity, yet if this were done with injury to others, it was not to be suffered.
Merchandise
(transitive) To engage in in-store promotion of the sale of.
He got hired to merchandise some new sporting goods lines.
Commodity
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.
Merchandise
(transitive) To promote as if for sale.
The record companies don't get as good a return on merchandising artists under contract.
Commodity
A parcel or quantity of goods.
A commodity of brown paper and old ginger.
Merchandise
The objects of commerce; whatever is usually bought or sold in trade, or market, or by merchants; wares; goods; commodities.
Commodity
Articles of commerce
Merchandise
The act or business of trading; trade; traffic.
Merchandise
To trade; to carry on commerce.
Merchandise
To make merchandise of; to buy and sell.
Merchandise
Commodities offered for sale;
Good business depends on having good merchandise
That store offers a variety of products
Merchandise
Engage in the trade of;
He is merchandising telephone sets
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