(finance, agriculture) An organization operating under a set of bylaws aimed at promoting trade in one or more commodities by providing services and rules for the conduct of trade.

plural of commodity exchange

plural of commodity money

(banking, finance) Any money whose value comes from a commodity of which it is made, consisting of objects having value or use in themselves as well as their value in buying goods.

(diplomacy) Diplomatic relations, by controlling trade to affect other goals, such as using trade barriers to influence the implementation of amenable foreign political decisions.

(economics) A currency that moves in correlation with the world prices of primary commodity products, due to the country's heavy dependency on the export of certain raw materials for income.

plural of commodity currency

plural of commodity market

(military, slang) air commodore

The adoption of special legislation for specific commodities such as cotton or tobacco.