different between commodity vs commonality

English

Alternative forms

• commoditie (archaic)

Etymology

From Middle English commoditee, from Anglo-Norman commoditee, from Latin commodit?s.

Pronunciation

• (General American) IPA^(key): /k??m?d?ti/
• (Received Pronunciation) IPA^(key): /k??m?d?ti/

Noun

commodity (countable and uncountable, plural commodities)

1. Anything movable (a good) that is bought and sold. [from 15th c.]
   • 1995, James G. Carrier, Gifts and Commodities: Exchange and Western Capitalism Since 1700, p.122

     If a key part of shopping is the conversion of anonymous commodities into possessions, shopping is a cultural as much as an economic activity.

   • 2001, Rachel Pain, Introducing Social Geographies, p.26

     In human geography "commodities" usually refers to goods and services which are bought and sold. The simplest commodities are those produced by the production system just before they are sold.

   • 2005, William Leiss, Botterill, Jacki, Social Communication in Advertising: Consumption in the Mediated Marketplace, p.307

     • Referring to the work of Bourdieu, Zukin (2004,38) notes that shopping is much more than the purchase of commodities

2. Something useful or valuable. [from 15th c.]
   • 2008, Jan. 14th, Somerset County Gazette

     And Slade said: "It really makes me sad that football club chairmen and boards seem to have lost that most precious commodity - patience. "Sam's sacking at Newcastle had, I suppose, been on the cards for a while, but it is really ridiculous to fire a manager after such a short time.

3. (economics) Raw materials, agricultural and other primary products as objects of large-scale trading in specialized exchanges.

4. (marketing) Undifferentiated goods characterized by a low profit margin, as distinguished from branded products.

5. (Marxism) Anything which has both a use-value and an exchange-value.
6. (obsolete) Convenience; usefulness, suitability. [15th-19th c.]
7. (obsolete) Self-interest; personal convenience or advantage. [16th-19th c.]
   • , NYRB, 2001, vol.1, p.321:

     they commonly respect their own ends, commodity is the steer of all their action […].

Derived terms

• commodityism

Translations

Spanish

Noun

commodity m (plural commoditys)

1. commodity

English

Etymology

Variant form of commonalty.

Pronunciation

• (UK) IPA^(key): /k?m??nal?ti/

Noun

commonality (countable and uncountable, plural commonalities)

1. The common people; the commonalty
2. The joint possession of a set of attributes or characteristics.
   • 1969, "Second life for war widows", Time, 25 Jun 1969:

     Zunin sold the idea to his military superiors in the fearful jargon of his profession: "In a situation where commonality of loss of the husband is present, the group can be exceedingly supportive."

3. Such a shared attribute or characteristic
4. (telecommunications) A quality that applies to materiel or systems: (a) possessing like and interchangeable parts or characteristics enabling each to be utilized, or operated and maintained in common; (b) having interchangeable repair parts and/or components; (c) applying to consumable items interchangeably equivalent without adjustment.
   • 2003, NASA, Space Shuttle Columbia Disaster Transcript, transcript of radio communication,

     KLING: FYI I've just lost four separate temperature transducers on the left side of the vehicle, hydraulic return temperatures. (pause) Two of them on system one and one in each of systems 2 and 3.

     CAIN: Four hyd return temps?

     KLING: To the left outboard and left inboard elevons.

     CAIN: OK, is there anything common to them, DSC or MDM or anything? I mean, you're telling me you lost them all at exactly the same time?

     KLING: No, not exactly. They were within probably four or five seconds of each other.

     CAIN: OK, where are those? Where is that instrumentation located?

     KLING: All four of them are located in the aft part of the left wing, right in front of the elevons, elevon actuators. And there is no commonality.

     CAIN: No commonality.

     (long pause)

Synonyms

• (shared characteristic): commonship

Translations

References

• (telecommunication)Federal Standard 1037C
• (telecommunication)MIL-STD-188

Anagrams

• climatonomy