Durables

/ˈdjʊərəbəlz/ noun

Definition

Durable goods; manufactured products that are designed to last a long time, like appliances, furniture, and vehicles.

Etymology

From 'durable' (Latin 'durus,' hard) plus plural '-s.' Used in economics to categorize goods that have long lifespans.

Kelly Says

Economists use 'durables' as a technical term—when people stop buying durables like refrigerators and cars, it signals an economic recession because people are saving money!

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