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  2. Share Prices
  3. Finance Glossary
  4. Terms Beginning With M
  5. Merit Goods

Merit Goods

Definition of 'Merit Goods'

Goods that society thinks everyone ought to have regardless of thether they are wanted by each individual.

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Related Terms

Finished Goods Inventory PeriodData-SnoopingMerit BadsFinal GoodsGross National ProductAccelerated DepreciationBarter EconomyBill of LadingCurrency AppreciationGross Domestic ProductGross InvestmentHire-PurchaseIntermediate GoodsPerfect MarketPublic GoodsTrade CreditorTurnoverWorking Capital CycleWork-in-progress PeriodAbsorption

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