durable goods

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durable goods

Durable goods like refrigerators and washing machines are sold in this appliance store.

Definition
  1. Noun:
    • Consumer goods that are not destroyed by use: "Durable goods" are tangible products that are not consumed or worn out in a single use and are expected to last for an extended period, typically several years.
Usage
  • The term "durable goods" is used primarily in economics, business, and manufacturing contexts to categorize products based on their longevity.
  • It is often contrasted with "non-durable goods" or "consumables," which are used up quickly.
Examples
  • Noun:
    • Refrigerators, washing machines, and cars are all examples of durable goods.
    • The government's report showed a rise in orders for durable goods, indicating increased consumer confidence.
    • Furniture is considered a durable good because it can be used for many years.
Advanced Usage
  • "Durable goods orders": An economic indicator that tracks new orders placed with manufacturers for delivery of long-lasting manufactured goods.
    • Analysts watch the monthly durable goods orders report closely for signs of economic health.
Variants and Related Words
  • Durables (n, informal): A shortened, informal form of "durable goods."
    • The sales figures for durables were strong this quarter.
  • Consumer durables (n): A synonym often used interchangeably with "durable goods," emphasizing the consumer aspect.
    • The market for consumer durables is highly competitive.
Synonyms
  • Hard goods: An informal synonym for durable goods.
  • Long-lasting goods: A descriptive phrase emphasizing the key characteristic.
Related Phrases
  • Big-ticket items: Often refers to expensive durable goods.
    • Buying a house or a car are major purchases of big-ticket items.
  • Capital goods: While related, these are goods used to other goods and services (e.g., machinery), not for final consumption. They are durable but for a different economic purpose.
durable goods

Durable goods like refrigerators and washing machines are sold in this appliance store.

Noun
  1. consumer goods that are not destroyed by use

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