Commodity
Māori translation:
Definition
A commodity is a basic raw material, product or service that can be traded, usually in large volumes. In finance, commodities refer to widely available and traded items like metals, energy resources, agricultural and animal products, and include copper, gold, zinc, silver, coffee, cocoa, sugar, dairy and oil. Commodities are subject to supply and demand dynamics, and play a crucial role in global markets.
We acknowledge and thank the FMA, Dr Karena Kelly and Brook Taurua Grant, the RBNZ and the Māori Dictionary for their research which helped us with te Reo Māori kupu for this glossary.
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