Product

From ACT Wiki
Revision as of 08:32, 7 July 2022 by imported>Doug Williamson (Remove surplus link.)
Jump to navigationJump to search

1. Goods.

Physical goods offered for sale.

For example, manufactured products, or agricultural products.


2. Goods and services.

More broadly, any standardised services offered, as well as physical goods.

For example, standardised financial services or contracts such as non-investment products.


3. Economics.

The total money value of output in an economy.

For example, gross domestic product (GDP).


4. Maths.

The result when items are multiplied together.

For example, the product of 2 and 3 is 6 (= 2 x 3).


See also