Business terms and jargon explained. Your business dictionary

What is Public Good

A public good is a good that has two characteristics. It is non-rivalrous ie even if it is consumed by one person, is still available for consumption by others, and it is non-excludable ie once it is supplied it is not possible to exclude anyone from consuming it. Clean air is an example.

© Crown Copyright. Material taken from HM-Treasury. Reproduced under the terms and conditions of the Click-Use Licence.

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Not negotiable	Privilege	Operating profit	Peer
Deposition	Gearing	Commodity Code	Withholding Tax
Executor	Call to Action	E.C.B	Refinance
Activities of daily living (ADL)	fringe benefits	Nontrade receivables	Excise Duties
Margin Scheme	KMC	Up Current	Writ of Execution
Lilangeni	Warranty of Authority	Crowding Out	Quantity Demand
Variable costs	Ultra vires	N268 Civil Court form	Dongle
Discounted Cash Flow	Employment contracts	Forfeit	Ceteris paribus
Patentability	To remand	CAFCASS	Excise Duty
Business Class	Process	Quaeitur	Direct Representative

Term created / updated 2007-03-16 16:05:09

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