demerit good
demerit good noun: a good that brings less benefit to the consumer the more it is consumed, which may be unexpected, potentially leading to an overconsumption in the free market, e.g. tobacco.
Noun
demerit good (plural demerit goods)
- A good that brings less benefit to the consumer the more it is consumed, which may be unexpected, potentially leading to an overconsumption in the free market, e.g. tobacco.
Forms of demerit good
| plural | demerit goods |
|---|
Questions about demerit good
- What does demerit good mean?
- Demerit good means a good that brings less benefit to the consumer the more it is consumed, which may be unexpected, potentially leading to an overconsumption in the free market, e.g. tobacco.
- What part of speech is demerit good?
- Demerit good is a noun.
- What is the plural of demerit good?
- The plural of demerit good is demerit goods.
Words near demerit good in the dictionary
Source and license
Adapted from Wiktionary: demerit good (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
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Cite this entry: “demerit good.” Word.ws, https://word.ws/demerit_good. Based on Wiktionary, CC BY-SA 4.0.
