ordinary goods

good

adjective

  1. : commercially sound or reliable a good risk

  1. a : valid or effectual under the law

    b : conforming to a standard of virtue shall hold their offices during good behavior —U.S. Constitution art. III also : characterized by or relating to good behavior : characterized by or relating to good behavior

  1. a : characterized by honesty and fairness

    b : conforming to a standard of virtue shall hold their offices during good behavior —U.S. Constitution art. III also : characterized by or relating to good behavior : characterized by or relating to good behavior

good

noun

  1. : advancement of prosperity and well-being for the good of the community

    a : all things under section 2-103 of the Uniform Commercial Code that are movable at the time of identification to the contract for sale other than information, the money that is to be paid, investment securities, the subject matter of foreign exchange transactions, and choses in action

    b : all things under section 9-102 of the Uniform Commercial Code that are movable at the time that a security interest in them attaches or that are fixtures but excluding money, documents, instruments, accounts, chattel paper, general intangibles, commercial tort claims, deposit accounts, investment property, letter-of-credit rights, letters of credit, and minerals or the like before extraction

    — consumer goods
    : goods purchased primarily for personal, family, or household uses

    — durable goods
    : consumer goods that last and are used for a number of years : durables

    — fungible goods
    : goods of which any unit is by nature or by usage of trade the equivalent of any other like unit especially as defined by section 1-201 of the Uniform Commercial Code

    — future goods
    : goods that are the subject of a contract but are not yet existing or specified

    — hard goods
    : durable goods in this entry

    — household goods
    : goods used in connection with the home; specifically : furniture, furnishings, and personal effects used in a dwelling as defined by section 7-209 of the Uniform Commercial Code

    — mobile goods
    : goods as formerly defined in section 9-103 of the Uniform Commercial Code that are mobile, are of a type (as vehicles) usually used in more than one jurisdiction, are not covered by a certificate of title, and are either the equipment of a debtor or inventory leased by a debtor

    — ordinary goods
    : goods as formerly defined by section 9-103 of the Uniform Commercial Code that are anything other than those covered by a certificate of title, mobile goods, or minerals

    — producer goods
    : goods (as tools and raw materials) used to produce other goods and satisfy human wants only indirectly

    — soft goods
    : consumer goods that are not durable goods