Business Terms and Jargon Explained

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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Call Option European Central Bank - ECB Earned value Analysis
Warrant of arrest N266 Civil Court form In limine
DLL Chair Plug Quantize
Insurance Hysteresis Bear hug
Law Lord Money Transfer Abroad Freight Forwarder
Creative Commons Preferred stock Best Judgement Assessment
Change Control UK Business Registration Mitigating Circumstances
Committal for sentence Tailwinds Medium of exchange
Foreclosure Bimonthly List Price
Confidentiality agreement Doli incapax Trade reference
Variance Cost per Action Interium
Tax Form - P6 Eurobond Carat
Critical Success Factors Data breach Revenue Trader

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

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