consumer goods


consumer goods

noun plural

: products that people buy for personal use or for use at home

Full Definition of CONSUMER GOODS

:  goods that directly satisfy human wants

First Known Use of CONSUMER GOODS

1890

Rhymes with CONSUMER GOODS

consumer goods

   (Concise Encyclopedia)

Any tangible commodity purchased by households to satisfy their wants and needs. Consumer goods may be durable or nondurable. Durable goods (e.g., autos, furniture, and appliances) have a significant life span, often defined as three years or more, and consumption is spread over this span. Nondurable goods (e.g., food, clothing, and gasoline) are purchased for immediate or almost immediate consumption and have a life span ranging from minutes to three years. See also producer goods.

Browse

Next Word in the Dictionary: consumerism
Previous Word in the Dictionary: consumer credit
All Words Near: consumer goods

Seen & Heard

What made you want to look up consumer goods? Please tell us where you read or heard it (including the quote, if possible).

Get Our Free Apps
Voice Search, Favorites,
Word of the Day, and More
Join Us on FB & Twitter
Get the Word of the Day and More