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Consumer products that are expected to last three years or more, such as an automobile or a home appliance.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Consumer products designed and intended to last longer than three years. Some examples of durable merchandise, such as cars, are expensive, while others, such as forks and knives, are not. Companies that produce durable merchandise can be volatile, as their profits fluctuate according to how often their customers need more of their products. Durable merchandise is also called consumer durables or durable goods.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
See durable goods.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
consumer durablesCONSUMER GOODS such as television sets, motorcars and microwave ovens which yield satisfaction to consumers over relatively long periods of time rather than immediately. Consumer durables tend to be purchased infrequently by a consumer, and are generally expensive items which are often purchased on CREDIT terms. Compare CONSUMER NONDURABLES. See GOOD.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
consumer durablesCONSUMER GOODS, such as houses, cars, televisions, that are ‘consumed’ over relatively long periods of time rather than immediately. See Fig. 158 (b) (PRODUCT LIFE CYCLE) for details of market penetration for a number of consumer durable products. Compare CONSUMER NONDURABLES.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005