Product

From Open Risk Manual

Definition

Product. A commercially distributed good that is

  1. tangible property
  2. the output or result of a fabrication, manufacturing, or production process, or
  3. something that passes through a distribution channel before being consumed or used.


A product is the outcome of economic activity. It is the generic term applied to goods and services.

See Also

Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.

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