Commodity: Difference between revisions
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Traditionally a commodity was a physical raw material that was an essential ingredient in a manufactured product. The definition has expanded to encompass manufactured basic industrial inputs such as steel and even intangible rights such as carbon emissions created by legislation rather than by nature. | Traditionally a commodity was a physical raw material that was an essential ingredient in a manufactured product. The definition has expanded to encompass manufactured basic industrial inputs such as steel and even intangible rights such as carbon emissions created by legislation rather than by nature. | ||
== See also == | == See also == | ||
* [[Commodity risk]] | * [[Commodity risk]] | ||
* [[Derivative products]] | * [[Derivative products]] | ||
[[Category:Commodity_Risk]] |
Revision as of 13:25, 9 October 2013
A good which is supplied without qualitative differentiation across a market.
Traditionally a commodity was a physical raw material that was an essential ingredient in a manufactured product. The definition has expanded to encompass manufactured basic industrial inputs such as steel and even intangible rights such as carbon emissions created by legislation rather than by nature.