Definition
a commodity: a product, an item, goods
a hot commodity: a product that sells very well or is in demand
This new mini skirt is a hot commodity these days. We sold all of our stock in less than three days!
Pronunciation examples
UK: Soap and toothpaste are household commodities.
US: I'm investing in gold: it's a safe commodity, even in uncertain times.
- "I think Susie's marketing strategy is a real winner, and with the right sales approach, and an intelligent pricing package, I'm sure I could turn those surplus bottles into a hot commodity."
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