A product that can be produced, bought, and sold, and that has a physical identity. Sometimes said, inaccurately, to be anything that "can be dropped on your foot" or, also inaccurately, to be "visible." Contrasts with service. trade in goods is much easier to measure than trade in services, and thus much more thoroughly documented and analyzed.
Browse by Subjects
marginal utility
cash cow
cost effective
long-legged doji
See All Related Terms »

Recognition lag
cash transaction
inter vivos
value creation