What's the difference between commodity and trade?

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.

Trade


Definition:

  • (v.) A track; a trail; a way; a path; also, passage; travel; resort.
  • (v.) Course; custom; practice; occupation; employment.
  • (v.) Business of any kind; matter of mutual consideration; affair; dealing.
  • (v.) Specifically: The act or business of exchanging commodities by barter, or by buying and selling for money; commerce; traffic; barter.
  • (v.) The business which a person has learned, and which he engages in, for procuring subsistence, or for profit; occupation; especially, mechanical employment as distinguished from the liberal arts, the learned professions, and agriculture; as, we speak of the trade of a smith, of a carpenter, or mason, but not now of the trade of a farmer, or a lawyer, or a physician.
  • (v.) Instruments of any occupation.
  • (v.) A company of men engaged in the same occupation; thus, booksellers and publishers speak of the customs of the trade, and are collectively designated as the trade.
  • (v.) The trade winds.
  • (v.) Refuse or rubbish from a mine.
  • (v. i.) To barter, or to buy and sell; to be engaged in the exchange, purchase, or sale of goods, wares, merchandise, or anything else; to traffic; to bargain; to carry on commerce as a business.
  • (v. i.) To buy and sell or exchange property in a single instance.
  • (v. i.) To have dealings; to be concerned or associated; -- usually followed by with.
  • (v. t.) To sell or exchange in commerce; to barter.
  • () imp. of Tread.

Example Sentences:

  • (1) He voiced support for refugees, trade unions, council housing, peace, international law and human rights.
  • (2) "There is … a risk that the political, trade, and gas frictions with Russia could lead to strong deterioration in economic relations between the two countries, with a significant drop in Ukraine's exports to and imports from Russia.
  • (3) Over the past 20 years the rag-and-bone trade has had a makeover.
  • (4) The choice is partly technical – what kind of trading arrangement do we want with the EU?
  • (5) The young European idealist who helped Leon Brittan, the British EU commissioner, to negotiate Chinese entry to the World Trade Organisation, also found his Spanish lawyer wife in Brussels.
  • (6) Analysts have trimmed their profit forecasts for this year with trading profits of £3.3bn pencilled in compared with £3.5bn in 2012-13.
  • (7) "It will strike consumers as unfair that whilst the company is still trading, they are unable to use gift cards and vouchers," he said.
  • (8) George Osborne said the 146,000 fall in joblessness marked "another step on the road to full employment" but Labour and the Trades Union Congress (TUC) seized on news that earnings were failing to keep pace with prices.
  • (9) They could go out and trade for a pitcher such as the New York Mets’ Bartolo Colón , an obvious choice despite his 41 years, but he would come with an $11m price tag for next season and have to pass through the waiver wires process first – considering the wily mood Billy Beane is in this year, the A’s could be the team that blocks such a move.
  • (10) Bob Farnsworth, president of Nashville, Tennessee-based Hummingbird Productions, told trade publication Variety that the film was set for release in 2015 and would star Karolyn Grimes, who played George Bailey's daughter in the original film.
  • (11) Minimum investment is £200, and the share prospectus states that interest of 6% will be paid from year three of trading.
  • (12) Chadwick felt that Customs and Trading Standards needed to continue their war on illegal tobacco – if not, efforts to tackle smoking could be undermined.
  • (13) Eight of the UK's biggest supermarkets have signed up to a set of principles following concerns that they were "failing to operate within the spirit of the law" over special offers and promotions for food and drink, the Office of Fair Trading has said.
  • (14) By sharing insights and best practice expertise through [the Electrical and Electronic Equipment Sustainability Action Plan] esap and other platforms, Wrap believes business models such as trade-in services will be a reality in the next three to five years.” The actions of the 51 signatories to esap include: implementing new business models such as take-back and resale; extending product durability; and gaining greater value from reuse and recycling.
  • (15) The Macassans traded iron, tobacco, cloth and gin for access to Yolngu waters.
  • (16) Speaking at The Carbon Show in London today, Philippe Chauvancy, director at climate exchange BlueNext, said that the announcement last week that it is to develop China's first standard for voluntary emission reduction projects alongside the government-backed China Beijing Environmental Exchange, could lay the foundations for a voluntary cap-and-trade scheme.
  • (17) During evidence in chief, he said the only people who would amend a settlement or information about a trade would be "the person who knew of the transaction, who would be the trader."
  • (18) According to research by Tiga, the trade body representing the UK games industry, women make up just 12% of the development workforce in Britain – a percentage reflected by similar surveys in the US and Canada.
  • (19) • Criminal sanctions should be introduced for anyone who attempts to manipulate Libor by amending the Financial Services and Market Act to allow the FSA to prosecute manipulation of the rate • The new body that oversees the administration of Libor, replacing the BBA, should introduce a "code of conduct" that requires submissions to be corroborated by trade data • Libor is set by a panel of banks asked the price at which they expect to borrow over 15 periods, from overnight to 12 months, in 10 currencies.
  • (20) All have territorial disputes with Beijing over the South China Sea , a route for about $4.5tn (£3.4tn) in trade that the US is concerned China wants to fully control.