Property vs. Goods — What's the Difference?

Property (Latin: Res Privata) in the abstract is what belongs to or with something, whether as an attribute or as a component of said thing. In the context of this article, it is one or more components (rather than attributes), whether physical or incorporeal, of a person's estate; or so belonging to, as in being owned by, a person or jointly a group of people or a legal entity like a corporation or even a society.

In economics, goods are items that satisfy human wants and provide utility, for example, to a consumer making a purchase of a satisfying product. A common distinction is made between goods which are transferable, and services, which are not transferable.A good is an "economic good" if it is useful to people but scarce in relation to its demand so that human effort is required to obtain it.

Something owned; a possession.

Being positive or desirable in nature; not bad or poor

A piece of real estate

Having the qualities that are desirable or distinguishing in a particular thing

Something tangible or intangible to which its owner has legal title

Serving the desired purpose or end; suitable

Something tangible or intangible, such as a claim or a right, in which a person has a legally cognizable, compensable interest.

Not spoiled or ruined

Possessions considered as a group

In excellent condition; sound

A theatrical prop.

Superior to the average; satisfactory

An attribute, characteristic, or quality

Used formerly to refer to the US Government grade of meat higher than standard and lower than choice.

Something that is owned.

Of high quality

A piece of real estate, such as a parcel of land.

Discriminating

(British) Real estate; the business of selling houses.

Of moral excellence; upright

The exclusive right of possessing, enjoying and disposing of a thing.

Benevolent; kind

An attribute or abstract quality associated with an individual, object or concept.

Loyal; staunch

An attribute or abstract quality which is characteristic of a class of objects.

Well-behaved; obedient

(computing) An editable or read-only parameter associated with an application, component or class.

Socially correct; proper

A prop, an object used in a dramatic production.

Worthy of respect; honorable

(US) A script, book, screenplay, or the like that is on the market or has been bought for commercial production as a stage play, movie, or the like.

Attractive; handsome

A produced stage play, movie, or the like.

Beneficial to health; salutary

(obsolete) Propriety; correctness.

Competent; skilled

(obsolete) To invest with properties, or qualities.

Complete; thorough

(obsolete) To make a property of; to appropriate.

Reliable; sure

That which is proper to anything; a peculiar quality of a thing; that which is inherent in a subject, or naturally essential to it; an attribute; as, sweetness is a property of sugar.

Valid or true

An acquired or artificial quality; that which is given by art, or bestowed by man; as, the poem has the properties which constitute excellence.

Genuine; real

The exclusive right of possessing, enjoying, and disposing of a thing; ownership; title.

In effect; operative

That to which a person has a legal title, whether in his possession or not; thing owned; an estate, whether in lands, goods, or money; as, a man of large property, or small property.

Ready or able for a specified or assumed activity

All the adjuncts of a play except the scenery and the dresses of the actors; stage requisites.

Able to pay or contribute

Propriety; correctness.

Able to elicit a specified reaction

To invest which properties, or qualities.

Ample; substantial

To make a property of; to appropriate.

Bountiful

Any area set aside for a particular purpose;

Full

Something owned; any tangible or intangible possession that is owned by someone;

Pleasant; enjoyable

A basic or essential attribute shared by all members of a class;

Propitious; favorable

A construct whereby objects or individuals can be distinguished;

Landing within bounds or within a particular area of a court and therefore in play

Any movable articles or objects used on the set of a play or movie;

Passing between the uprights of the goal and therefore scoring, as a field goal in football.

Used to form exclamatory phrases expressing surprise or dismay

Something that is good.

A good, valuable, or useful part or aspect.

Welfare; benefit

Goodness; virtue

A product that is bought and sold

Goods Portable personal property.

(used with a sing. or pl. verb) Fabric; material.

Goods(Slang) Incriminating information or evidence

Well.

Plural of good

That which is produced, then traded, bought or sold, then finally consumed.

Freight, as opposed to passengers.

Something authentic, important, or revealing.

(slang) The female body, especially when seen as desirable.

(slang) The male genitals.

Articles of commerce