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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Bare trust	Payer	Litigation	Non-Status Mortgage
Illegal per se	Community Patent	Voluntary Disclosure	SSL - Secure Sockets Layer
Place Of Supply	N268 Civil Court form	Earned value Analysis	Committal proceedings
Summary Judgment	Sub silentio	Business Class	London Agreement
Xerox	Costing Systems	Prosumer	Free Zone Manager
Bankrupt	Counterparty	Kuna	Accounts receivable
Bear Market	Voir Dire	Dialup	Clock sucker
Call to Action	Fiduciary	Uberrimae fidei	Uuencode
CHIEF	Inventory	Outside The Scope	Headhunter
Unconscionable	Jury	Witness	ASCII

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

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