What context can I use each word in?
Learn when and how to use these words with these examples!
commodity
Example
Oil is a valuable commodity in the global market. [commodity: noun]
Example
The country exports various commodities, including coffee and cotton. [commodities: plural noun]
product
Example
This company produces high-quality electronic products. [product: noun]
Example
She is working on developing a new product for her business. [product: noun]
Good things to know
Which word is more common?
Product is a more commonly used term than commodity in everyday language. Product is a versatile word that can be used in various contexts, such as business, marketing, and daily life. On the other hand, commodity is more specific and often used in economic and financial discussions.
Whatโs the difference in the tone of formality between commodity and product?
Both commodity and product can be used in formal and informal contexts. However, commodity is more commonly associated with formal discussions in the fields of economics and finance, while product can be used in both formal and informal settings.
