What's the difference between commodity and resource?

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.

Resource


Definition:

  • (n.) That to which one resorts orr on which one depends for supply or support; means of overcoming a difficulty; resort; expedient.
  • (n.) Pecuniary means; funds; money, or any property that can be converted into supplies; available means or capabilities of any kind.

Example Sentences:

  • (1) Results in May 89 emphasizes: the relevance and urgency of the prevention of AIDS in secondary schools; the importance of the institutional aspect for the continuity of the project; the involvement of the pupils and the trainers for the processus; the feasibility of an intervention using only local resources.
  • (2) A dedicated goal makes a big difference in mobilising action and resources.
  • (3) It was not possible to offer all very low birthweight infants full intensive care; to make this possible, it was calculated that resources would have to increase by 26%.
  • (4) Failure to develop an adequate resource will be costly in the long run.
  • (5) Variation in patient mix was a major determinant of the large variations in resource use.
  • (6) Problem definition, the first step in policy development, includes identifying the issues, discussing and framing the issues, analyzing data and resources, and deciding on a problem definition.
  • (7) Similarly, I would like to see fully funded and resourced public services.
  • (8) The need for follow-up studies is stressed to allow assessment of the effectiveness of the intervention and to search for protective factors, successful coping skills, strategies and adaptational resources.
  • (9) As Russian companies Polymetal, Polyus Gold and Evraz race to join Eurasian Natural Resources as FTSE100 companies, despite their murky practices, because of London's incredibly lax listing requirements, one future scenario is becoming clearer.
  • (10) There is no evidence to support the move to seven-day services, there is no evidence of what is going to happen if we divert our resources away from the week to weekends.
  • (11) The authors are also upfront about what has not gone so well: "We were too slow to mobilise … we did not identify clear leadership or adequate resources for the actions … it is vital to accelerate the programme of civil service reform."
  • (12) The World Humanitarian Summit in May 2016 may be the most timely opportunity to make an honest appraisal of the effectiveness of the current system to deal with the sector’s “ new normal ” of finite resources and unlimited challenges.
  • (13) "We were very disappointed when the DH decided to suspend printing Reduce the Risk, a vital resource in the prevention of cot death in the UK", said Francine Bates, chief executive of the Foundation for the Study of Infant Deaths, which helped produce the booklet.
  • (14) The following 10 products were tested: Ensure Plus, Ensure, Enrich, Osmolite, Pulmocare, Citrotein, Resource, Vivonex TEN, Vital, and Hepatic Acid II.
  • (15) Competition for resources also occurs from noncancer drugs, eg, cardiovascular agents.
  • (16) Three motives are found for evaluating the quality of human life: allocation of scarce medical resources, facilitating clinical decision making, and assisting patients towards autonomous decision making.
  • (17) The women used a variety of resources, and their partners were particularly helpful.
  • (18) Enright said: “We call on the home secretary and chair of IICSA [the independent inquiry into child sexual abuse] to engage actively and urgently to find a way forward that secures the confidence of survivors and provides the inquiry’s legal team with the resources and support they need to deliver justice and truth that survivors deserve.” Stein said his clients were “deeply disatisfied” with aspects of how the inquiry had been conducted but called for Emmerson to stay, adding: “I urge the home secretary to seek to find a way in which his valuable contribution can be maintained”.
  • (19) In addition, the UK government will provide further resources to the European Asylum Support Office to help Greece and Italy identify migrants, including children, who could be reunited with family members elsewhere in Europe.
  • (20) Last month Walsall council announced it would close 15 of its 16 libraries, and residents told the Guardian they stood to lose vital community spaces as well as reading resources.