1 Water was another commodity enthusiastically offered to the parade-watchers. 2  Definitely. 3  The Cannery Row project will make you a hot commodity around here. 4  Information was obviously a free commodity in this area.
present-day-belonging to the present time; contemporary leaders. contemporary. current-occurring in or belonging to the present time; current events; the current topic; current negotiations; current psychoanalytic theories; the ship's current position.
The present perfect in English is used chiefly for completed past actions or events, when it is understood that it is the present result of the events that is focused upon, rather than the moment of completion. No particular past time frame is specified for the action/event.