What's the difference between commodity and product?

Commodity


Definition:

  • (n.) Convenience; accommodation; profit; benefit; advantage; interest; commodiousness.
  • (n.) 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.
  • (n.) A parcel or quantity of goods.

Example Sentences:

  • (1) 1: Good news It's been a scarce commodity throughout the Osborne chancellorship, but he will have a decent amount of it to dish round the chamber – notably lower inflation and higher growth than was being forecast a short while ago.
  • (2) Andreas Missbach, managing director of Berne Declaration, an NGO in Switzerland where the commodities giant is based, said Glencore stood out against others in the sector.
  • (3) The oil price tumbled by as much as $3.25 a barrel on Tuesday after the world's biggest commodity trader called the top of the market for crude and a range of other commodities – at least for the time being.
  • (4) They dealt in dozens of different commodities – from major grains such as wheat and sorghum to specialised food aid products such as corn-soy blend.
  • (5) The financial crash caused by treating housing as a speculative commodity made things worse, but the truth is that the seeds of the crisis have been sown over many years.
  • (6) The current floods in Australia have the potential to affect prices for commodities such as sugar and cane growers are warning of production problems for up to three years.
  • (7) Others are new: changing family compositions because of HIV, increasing frequency of droughts and rapid fluctuations in international commodity prices.
  • (8) These organisms, typically bacteria or algae, are used to produce valuable commodities such as flavorings and oils.
  • (9) Part of the new wealth has been driven by the rise in commodity prices.
  • (10) This technique was used to bring misdirected urinations in a severely retarded male under rapid stimulus control of a floating target in the commode.
  • (11) We should stop the importation of these birds which are sold as commodities and endure lives of boredom in cages.
  • (12) The irony of her image being exchanged in return for commodities in the future,” she said, “seems to recall the way that actual slaves’ bodies were serving as currencies of exchange.” Larson arrived at a different conclusion about the honor.
  • (13) Right now, policymakers will probably be more concerned by stalling eurozone growth than a headline inflation figure dragged down by commodity prices.
  • (14) Often a number of aids such as standing table, adapted chairs, commode etc., is required to meet basic needs.
  • (15) Tate & Lyle, which no longer produces the sugar that made it a household name, is the latest company to be affected by falling commodity prices.
  • (16) "When you transform a food into a commodity, there's inevitable breakdown in social relations and high environmental cost," as Tanya Kerssen, an analyst for Oakland-based Food First told Time last year.
  • (17) The Financial Services Authority fined the bank £59.9m, while in the US the department of justice and the Commodities Futures Trading Commission also imposed fines, some £230m combined.
  • (18) Solitude becomes a way of life and social interaction a scarce commodity for many chronic schizophrenics who are in institutional settings.
  • (19) And if you want to talk about messages, what kind of message does it send to stockpile ivory like any other valuable commodity?
  • (20) The commodities supercycle is dead in the water … It’s already sent some big African sub-Saharan economies into a tailspin,” said Aly Khan Satchu, an independent trader in Nairobi.

Product


Definition:

  • (n.) Anything that is produced, whether as the result of generation, growth, labor, or thought, or by the operation of involuntary causes; as, the products of the season, or of the farm; the products of manufactures; the products of the brain.
  • (n.) The number or sum obtained by adding one number or quantity to itself as many times as there are units in another number; the number resulting from the multiplication of two or more numbers; as, the product of the multiplication of 7 by 5 is 35. In general, the result of any kind of multiplication. See the Note under Multiplication.
  • (v. t.) To produce; to bring forward.
  • (v. t.) To lengthen out; to extend.
  • (v. t.) To produce; to make.

Example Sentences:

  • (1) The accumulation of lipids and enzymes such as simple estarase, lipase, beta-HDH, alpha-GDH and NADPH-reductase in those areas, suggests that lipids are not a simple excretory product.
  • (2) However, when first trimester specimens were analyzed, the direct-product measurements were significantly larger than the corresponding 3H2O assay results.
  • (3) Heart rate (HR), pulmonary ventilation (V), oxygen consumption (VO2), carbon dioxide production (VCO2), and respiratory quotient (RQ) were measured.
  • (4) The second amino acid residue influences not only the rate of reaction but also the extent of formation of the product of the Amadori rearrangement, the ketoamine.
  • (5) The subcellular distribution of sialyltransferase and its product of action, sialic acid, was investigated in the undifferentiated cells of the rat intestinal crypts and compared with the pattern observed in the differentiated cells present in the surface epithelium.
  • (6) No reaction product was observed in the lamellar areas.
  • (7) Marked enhancement of IFN-gamma production by T cells was seen in the presence of as little as 0.3% thymic DC.
  • (8) Collagen production of rapidly thawed ligaments was studied by proline incubation at 1 day, 9 days, or 6 weeks after freezing and was compared with that of contralateral fresh controls.
  • (9) Under blood preservation conditions the difference of the rates of ATP-production and -consumption is the most important factor for a high ATP-level over long periods.
  • (10) This theory was confirmed by product analysis and by measuring the affinity of the substrate for the enzyme by its inhibition of p-nitrophenyl glucoside hydrolysis.
  • (11) We maximize an objective function that includes both total production rate and product concentration.
  • (12) The rate of accumulation of degraded LDL products was lower in collagen gel cultures, but the final levels achieved were the same in the two substrata.
  • (13) Bradykinin also stimulated arachidonic acid release in decidual fibroblasts, an effect which was potentiated in the presence of epidermal growth factor (EGF), but which was not accompanied by an increase in PGF2 alpha production.
  • (14) First, it has diverted grain away from food for fuel, with over a third of US corn now used to produce ethanol and about half of vegetable oils in the EU going towards the production of biodiesel.
  • (15) A possible role for mitochondria in myocardial adenosine production is discussed.
  • (16) The models are applied to estimate the demand for tobacco products in Finland.
  • (17) In the clinical trials in which there was complete substitution of fat-modified ruminant foods for conventional ruminant products the fall in serum cholesterol was approximately 10%.
  • (18) In the present study, respirometric quotients, the ratio of oral air volume expended to total volume expended, were obtained using separate but simultaneous productions of oral and nasal airflow.
  • (19) We report on a patient, with a CT-verified low density lesion in the right parietal area, who exhibited not only deficits in left conceptual space, but also in reading, writing, and the production of speech.
  • (20) The possibility that both IL 2 production and IL 2R expression are autonomously activated early in T cell development, before acquisition of the CD3-TcR complex, led us to study the implication of alternative pathways of activation at this ontogenic stage.