GLOSSARY

Goods definition

What does Goods mean?

Goods is generally understood to include most tangible moveable items, but intangible items such as software may be captured depending upon the legislation applicable and the context in which the term is used.

Commercial

Goods denote personal chattel and other property which may be detached from land.
Under the Sale of Goods Act 1979, goods mean: (1) all personal chattels other than things in action and money, (2) emblements, crops, items attached to land that are detached from land prior to sale; (3) an undivided share in goods. Goods includes an enormous range of items or products, including ships, computer disks (but not computer programs) and containers, packaging and any instructions supplied as well as the goods themselves.

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