good

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good

or

commodity

an economic PRODUCT which is produced to meet some personal or business demand. Goods which are purchased by individuals are called consumer goods or final goods, while goods purchased by businesses are referred to variously as producer goods, capital goods, industrial goods or intermediate goods.

Some consumer goods (nondurables), such as bread and toothpaste, are used up immediately or within days of purchase, while others, referred to as consumer durables, such as cars, washing machines and televisions, are ‘consumed’ over a time scale often running into several years and are often considered to constitute part of an individual's personal assets or wealth.

Producer goods are items which are purchased by manufacturers, etc. to be used as factor inputs in producing other goods or services. They too may be used up in the short term (for example nuts and bolts, engines, etc.) as the production cycle repeats itself, or they may constitute the firm's stock of longer-lasting (durable) fixed capital assets such as plants, equipment and machinery The provision of goods (for example, a motor car, a perfume etc.) involve a number of characteristics which set them apart from the provision of a SERVICE (for example, window cleaning), in particular tangibility - the ability of a customer to see, touch, taste or smell the good, and separability - the fact that goods are typically produced and consumed at different points in time and thus can be stored. See MARKETING.

Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
References in classic literature ?
Very probably the good-looking face of the young woman in the dogs had a good deal to do with the impression of well-being this peasant household made upon Levin, but the impression was so strong that Levin could never get rid of it.
He is a good-looking, ay, and an honest-looking youth, but the winds of Heaven are not more deceitful than these savages, when the devil has fairly beset them.
There's plenty of good-looking people in this unthreatening, slightly soulless drama.
Camilla Parker-Bowles hilariously reacted to a royal fan who told Prince Charles that he's so good-looking.
If you've watched a Korean drama and have followed even one Korean star in any social media platform, I bet you're thinking the same thing: Koreans are so good-looking!
MARTIN O'NEILL attempted a joke about the wives and girlfriends of his Republic of Ireland players and said they'll only be allowed into their Euro 2016 hotel if they're "good-looking".
Too Good-looking might rev you up in the early days but it doesn't bring you a cup of tea in bed 10 years later.
The pint-sized star thinks maybe her exes were "too good-looking" and it's time to start seeing some normal guys.
New York, Apr.8 ( ANI ): Rob Lowe has said that it was not easy being ridiculously good-looking as there is this unbelievable preconception and prejudice against "good-looking" people that they could not be in pain or they could not have rough lives.
"When I was married to Sherryn, I was captain of England, good-looking, plenty of money, not a care in the world.
Guitarist Sergio Pizzorno "When I was married to Sherryn, I was captain of England, good-looking, plenty of money, not a care in the world.
And I really do.'' Usher is happy to be good-looking and enjoys the fact he is attractive to women.