com·mod·i·ty [kuh-mod-i-tee] noun, plural -ties. 1. an article of trade or commerce, especially 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. Obsolete . a quantity of goods. 5. A product whose only differentiation to others … Read More