consumer goods

/kən'sju:mə'gudz/

Thân thiện

A family shops for consumer goods at the supermarket.

Definition

1. Noun:
   • Goods intended for direct use or consumption: "Consumer goods" are tangible products that are purchased by individuals or households for their personal use, satisfaction, or consumption, rather than for resale or for use in producing other goods.

Usage

• "Consumer goods" is a plural noun. It refers to the broad category of finished products available for purchase.
• It is typically used in economic, business, and retail contexts to distinguish products for end-users from industrial or capital goods.
• Example:

Examples

Advanced Usage

• Durable consumer goods: Also called "durables," these are goods that are not consumed quickly and provide utility over a long period (e.g., cars, furniture, appliances).
  • The market for durable consumer goods is sensitive to interest rates.
• Non-durable consumer goods (or fast-moving consumer goods - FMCG): These are goods that are consumed quickly or have a short lifespan (e.g., food, beverages, cosmetics).
  • Supermarkets primarily stock non-durable consumer goods.

Variants and Related Words

• Consumer (n): A person who purchases goods and services for personal use.
  • The new law protects the rights of the consumer.
• Consumerism (n): The protection or promotion of consumer interests; also, a social and economic order that encourages the acquisition of goods and services.
  • Modern consumerism drives constant advertising for new products.

Synonyms

• Final goods: Goods that are ultimately consumed rather than used in the production of another good.
• End products: The final output of a production process, ready for consumption.

Related Phrases

• Consumer goods sector: The segment of the economy involved in the production and sale of consumer goods.
  • She works as an analyst in the consumer goods sector.
• Consumer goods company: A business that manufactures or sells products for direct use by individuals.
  • Procter & Gamble is a major consumer goods company.

Học thuật

Noun

1. goods (as food or clothing) intended for direct use or consumption