bads, n. Slang. In economics, the counterpart of ¡°goods,¡± characterized by a negative correlation between the amount consumed and the consumer’s wealth; specif., the kinds of products that tend to be bought only by poor people.
¡°Some products are termed ¡®bads’ because consumption of the product tends to decrease with increasing wealth. Spam is one example of a bad, while beef tenderloin is generally thought to be a good.¡± Donald S. Chisum et al., Principles of Patent Law 54 (1998).
What is the legal translation of BADS in Chinese?
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