What does Goods stand for?

Merchandise; supplies; raw materials; wares; commodities; products. The meaning may vary in various situations but for purposes of a contract for storage or transportation, or with reference to collateral for security, it means all things treated as movable.

Source:

Chowdhury, A., & Moszkowicz, I. (2018). ‘International Trade Law: Understanding the International Commercial Terms’. Oxford University Press, pp.75-78.

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