Pronunciation: (ku-mod'i-tē), [key]
pl. -ties.

1. an article of trade or commerce, esp. a product as distinguished from a service.
2. something of use, advantage, or value.
3. Stock Exchange.any unprocessed or partially processed good, as grain, fruits, and vegetables, or precious metals.
4. Obs.a quantity of goods.

Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.

commodiouscommodity exchange
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