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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Title Co-operative Maturity
Fixed Assets Leave of the court Drawback
Balance Sheet Nominal wage flexibility Parental leave policy
Sniffing Surety Tied loan
Fixed Rate loan Public company or public limited company Fiduciary
Wholesaler Indicia Bespoke Retail Scheme
Loan Agreement Continental Shelf Business Continuity Planning
Conversion Costs Assignee EBITDA
N316 Civil Court form EMS Intra Vire
Bolivar Customer information order Macro Virus
Madrid Protocol Oxygen-move Paying Agent
Commodity Visegrad Countries Keiretsu
Official Receiver Political Risk Retail Financial Services

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

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