goods
n.
merchandise; belongings, personal possessions; movable property
good
n.
benefit, asset; something positive; virtue, decency, honor
Good (economics and accounting)
A good or commodity in
economics is any object or service that increases
utility, directly or indirectly, not to be confused with good in a moral or ethical sense (see
Utilitarianism and
consequentialist ethical theory). A good that cannot be used by
consumers directly, such as an office building or capital equipment, can also be referred to as a good as an indirect source of utility through resale value or as a source of income. A 'good' in economic usage does not imply moral acceptance or even legality.
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Goods
(n. pl.)
See Good, n., 3.
Webster's Revised Unabridged Dictionary (1913), edited by Noah Porter.
About
GOOD
(c) Copyright 1993 by Denis Howe
Goods
See also Cargo, Commodity, Freight, Product.