Pasta is, typically a noodle made from an unleavened dough of a durum wheat flour mixed with water and formed into sheets or various shapes, then cooked and served in any number of dishes. It can be made with flour from other cereals or grains, and eggs may be used instead of water.
Commodity value is of particular significance in the study of currency. For example, the commodity value of a coin is the value of the metal of which it is made. Gold and silver coins have a high commodity value, whereas fiat coins such as modern day quarters have a low commodity value. This is of particular historical relevance when analyzed in light of Gresham's Law.
Unlike the notional value, which determines the total value of a security based on its contract specification, the market value is the price of one unit of the security. For example, assume that the S&P 500 Index futures are trading at $2,000. The market value of one unit of the S&P 500 Index is $2,000. Conversely, the notional value of one S&P Index futures contract is $500,000 ($2,000*250) because one S&P Index futures contract leverages 250 units of the index.