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consumption good

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consumer goods

–plural noun Economics.
goods that are ready for consumption in satisfaction of human wants, as clothing or food, and are not utilized in any further production (contrasted with capital goods ).
Also called consumption goods.


Origin:
1885–90
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Legal Dictionary

Main Entry: consumer goods
see GOOD 2
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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