Intangible good explained
An intangible good is claimed to be a type of good that does not have a physical nature, as opposed to a physical good (an object). Digital goods such as downloadable music, mobile apps or virtual goods used in virtual economies are proposed to be examples of intangible goods.[1]
Further reading
- Bannock, Graham et al.. (1997). Dictionary of Economics, Penguin Books.
- Milgate, Murray (1987), "goods and commodities," , v. 2, pp. 546–48. Includes historical and contemporary uses of the terms in economics.
Notes and References
- Web site: Intangible product . Collins Dictionary.