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Legal Definitions - hard goods

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Definition of hard goods

Hard goods refer to tangible products that are characterized by their durability and long lifespan, meaning they are not consumed or used up in a short period. These items are typically designed to withstand repeated use over many years and represent a significant investment compared to consumable or "soft" goods.

Here are some examples illustrating the concept of hard goods:

  • Example 1: Household Appliances

    A homeowner purchases a new refrigerator for their kitchen. This appliance is considered a hard good because it is a substantial item designed to operate reliably for a decade or more, rather than being consumed or needing frequent replacement. Its value lies in its long-term utility and durability.

  • Example 2: Office Furniture

    A startup company furnishes its new office space with ergonomic desks and chairs for its employees. These pieces of furniture are hard goods as they are built to endure daily use over many years, providing a lasting asset for the business rather than a disposable supply item.

  • Example 3: Personal Electronics

    An individual buys a new flat-screen television for their living room. This television is a hard good because it is a durable electronic device intended for years of entertainment and functionality, unlike items such as batteries or disposable headphones, which have a much shorter lifespan or are quickly consumed.

Simple Definition

Hard goods are tangible products characterized by their durability and long useful life. These items are designed to last for an extended period, distinguishing them from goods that are consumed quickly or have a short lifespan.