Free Goods

Free Goods
Free goods are items that are naturally abundant and available to satisfy demand without requiring rationing or a market price, such as sunshine. They are contrasted with economic goods.
Free Lunch
The concept of 'free lunch' refers to something good available at no cost, although the fuller expression, 'there's no such thing as a free lunch,' suggests that even seemingly free things have hidden costs.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.