private good

Noun

Meaning

private good (plural private goods)

(economics) A good that is rivalrous and excludable.
Coordinate terms: club good, common good, public good

Source: en.wiktionary.org

Examples

The balance of private good and general welfare is at the bottom of civilized morals; but the morals of the Heroic Age are founded on individuality, and on nothing else. Lascelles Abercrombie

Close letter words and terms

private forces private foundation private function private hire vehicle private home private identity