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Goods - Dictionary Definition and Overview |
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Goods : \Goods\, n. pl.
See Good, n., 3.
Based on Webster's Revised Unabridged Dictionary
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GOODS, property. For some purposes this term includes money, valuable
securities, and other mere personal effects. The term.Goods : and chattels,
includes not only personal property in possession, but also choses in
action. 12 Co. 1; 1 Atk. 182. The term chattels is more comprehensive than
that of goods, and will include all animate as well as inanimate property,
and also a chattel real, as a lease for years of house or land. Co. Litt.
118; 1 Russ. Rep. 376. The word goods simply and without qualification, will
pass the whole personal estate when used in a will, including even stocks in
the funds. But in general it will be limited by the context of the will.
Vide 2 Supp. to Ves. jr. 289; 1 Chit. Pr. 89, 90; 1. Ves. jr. 63; Hamm. on
Parties, 182; 3 Ves. 212; 1 Yeates, 101; 2 Dall. 142; Ayl. Pand. 296; Wesk.
Ins. 260; 1 Rop. on Leg. 189; 1 Bro. C. C. 128; Sugd. Vend. 493, 497; and
the articles Biens; Chattels; Furniture.
2. Goods are said to be of different kinds, as adventitious, such as
are given or arise otherwise than by succession; dotal goods, or those which
accrue from a dowry, or marriage portion; vacant goods, those which are
abandoned or left at large.
Based on Webster's Revised Unabridged Dictionary (1913)
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