🇨🇳Chinese Source WordCode: ZH

私人商品

Pronunciation / Transliteration: sīrén shāngpǐn

🇬🇧 Direct English Meaning:
Private Good/ˈpraɪ.vɪt ɡʊd/
nounCEFR B2 (Upper)Top #1500 frequency
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🇨🇳 Example Sentence in Chinese:

"私人商品,如三明治,只能被一个人消费。"

Comprehensive Definitions & Senses

2 senses
As noun
  1. 1

    A type of good that is both excludable and rivalrous, meaning that consumption by one individual reduces availability for others.

    "A private good, such as a sandwich, can only be consumed by one person at a time."
  2. 2

    Goods that are typically provided by the market and are not available for free to the public.

    "Private goods like clothing and electronics are purchased in stores."

Thesaurus & Semantic Spectrum

Antonyms & Contrasting Words (1)

Linguistic Origin & Historical Etymology

The term 'private good' is derived from economic theory, where 'private' comes from the Latin 'privatus', meaning 'removed from public use', and 'good' originates from Old English 'gōd', meaning 'that which is good or beneficial'. The concept evolved in the 20th century to distinguish goods that are consumed by individuals from public goods.

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