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.
Definition of tense. 1 : a distinction of form in a verb to express distinctions of time or duration of the action or state it denotes.