Durable good

A durable good, or a hard good is an economics term for a good which does not quickly wear out, or more specifically; it yields services or utility over time rather than being completely used up when used once. Most goods are therefore durable goods to a certain degree. Perfectly durable goods never wear out.

Examples of durable goods include: Cars and washing machines.

Nondurable goods, or soft goods are the opposite of durable goods, sometimes they are defined as being used up when used once, or if they have a product lifespan of less than 3 years.

Examples or nondurable goods include: Cosmetics, food and most services.

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See also: Durable good, Economics, Finance, Good (economics), Tertiary sector of industry, Utility