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USE OF GOODS AND SERVICES

Pronunciation (US): 

 Dictionary entry overview: What does use of goods and services mean? 

USE OF GOODS AND SERVICES (noun)
  The noun USE OF GOODS AND SERVICES has 1 sense:

1. (economics) the utilization of economic goods to satisfy needs or in manufacturing

  Familiarity information: USE OF GOODS AND SERVICES used as a noun is very rare.


 Dictionary entry details 


USE OF GOODS AND SERVICES (noun)


Sense 1use of goods and services [BACK TO TOP]

Meaning:

(economics) the utilization of economic goods to satisfy needs or in manufacturing

Classified under:

Nouns denoting natural processes

Synonyms:

economic consumption; use of goods and services; usance; consumption; use

Context example:

the consumption of energy has increased steadily

Hypernyms ("use of goods and services" is a kind of...):

demand (the ability and desire to purchase goods and services)

Domain category:

economic science; economics; political economy (the branch of social science that deals with the production and distribution and consumption of goods and services and their management)

Hyponyms (each of the following is a kind of "use of goods and services"):

conspicuous consumption (buying expensive services and products in order to flaunt your wealth)


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 USE OF GOODS AND SERVICES: related words searches 

 Related FAQs: 
» GOODS
» SERVICES
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