This is the British English definition of commodity. View American English definition of commodity. Change your default dictionary to American English. View the pronunciation for commodity.
3. adjective. In grammar, the present tenses of a verb are the ones that are used to talk about things that happen regularly or situations that exist at this time. The simple present tense uses the base form or the 's' form of a verb, as in 'I play tennis twice a week' and 'He works in a bank'. 4. at present.
The word present has multiple meanings, most of which concern giving (a present is a gift) or time (the present is right now). The verb present might mean to deliver something like a speech, or perform something like a play. On formal occasions, when we present someone, we introduce them, usually to a group or to the public. Present might also mean to submit or hand over..