common good
Definition from Wiktionary, the free dictionary
[edit] English
[edit] Noun
- the general interest of the population as a whole.
- (economics) a good that is rivalrous and non-excludable
- A classic example of a common good are fish stocks in international waters; no one is excluded from fishing, but as people withdraw fish without limits being imposed the stocks for later fishermen are potentially depleted. (Wikipedia: Common good)
[edit] Synonyms
- (general interest of the population) public interest
