public good
Noun
Meaning
(uncountable) The general welfare of the people; the best interests of the community.
(economics, countable) A good that is non-rivalrous and non-excludable.
Coordinate terms: private good, club good, common good
Noun
(uncountable) The general welfare of the people; the best interests of the community.
(economics, countable) A good that is non-rivalrous and non-excludable.
Coordinate terms: private good, club good, common good