goods Definition
- 1merchandise or possessions
- 2benefit or advantage
Using goods: Examples
Take a moment to familiarize yourself with how "goods" can be used in various situations through the following examples!
Example
The store sells a variety of goods, from clothing to electronics.
Example
The company specializes in the production of consumer goods.
Example
The treaty will result in mutual goods for both countries.
Example
The thief stole all of the valuable goods from the house.
goods Synonyms and Antonyms
Synonyms for goods
- merchandise
- wares
- commodities
- possessions
- belongings
Antonyms for goods
- bads
- evils
- disadvantages
Phrases with goods
goods or services that are provided by the government and available to all members of society
Example
Public goods such as education and healthcare are essential for a functioning society.
capital goods
goods used to produce other goods, such as machinery and equipment
Example
The factory invested in new capital goods to increase production efficiency.
Example
The supermarket offers a wide range of consumer goods at affordable prices.
Summary: goods in Brief
The term 'goods' [ɡʊdz] refers to merchandise or possessions, including public goods, capital goods, and consumer goods. It can also denote benefit or advantage, as in 'The treaty will result in mutual goods for both countries.' 'Goods' is often used in formal contexts, such as business and economics.