consumer goods that are used regularly over a long period of time (automobiles, refrigerators, etc.)
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Durable goods Definition from Business & Finance Dictionaries & Glossaries
Consumer goods that have what is known as a "long shelf life", i.e., tools, furniture, automotive parts, etc.
Durable goods Definition from Social Science Dictionaries & Glossaries
Tangible products that can be stored or inventoried and that have an
average life of at least three years. Related terms: nondurable
goods, services, structures.
Source: U.S. Bureau of Economic Analysis Durable goods Definition from Encyclopedia Dictionaries & Glossaries
In economics, a durable good or a hard good is a good that does not quickly wear out, or more specifically, one that yields utility over time rather than being completely consumed in one use. Items like bricks or jewellery could be considered perfectly durable goods, because they should theoretically never wear out. Highly durable goods such as refrigerators, cars, or mobile phones usually continue to be useful for three or more years of use, so durable goods are typically characterized by long periods between successive purchases.
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Durable goods Definition from Sports Dictionaries & Glossaries
Durable goods Definition from Language, Idioms & Slang Dictionaries & Glossaries
Noun
1. consumer goods that are not destroyed by use
(synonym) durables, consumer durables
(hypernym) consumer goods
(hyponym) appliance
