goods


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goods
n. merchandise; belongings, personal possessions; movable property
 
good
n. benefit, asset; something positive; virtue, decency, honor


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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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Webster's Revised Unabridged Dictionary (1913)Download this dictionary
Goods
(n. pl.)
See Good, n., 3.
  

Webster's Revised Unabridged Dictionary (1913), edited by Noah Porter. About
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GOOD

(c) Copyright 1993 by Denis Howe
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Goods
See also Cargo, Commodity, Freight, Product.

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