goods

A term of variable content and meaning. It may include every species of personal property or it may be given a very restricted meaning. Items of merchandise, supplies, raw materials, or finished goods.

Sometimes the meaning of "goods" is extended to include all tangible items as in the phrase "goods and services."

All things (including specially manufactured goods) which are movable at the time of identification to the contract for sale other than the money in which the price is to be paid, investment securities and things in action.

Also includes the unborn of animals and growing crops and other identified things attached to realty as fixtures. U.C.C. No. 2-105(1). All things treated as movable for the purposes of a contract of storage or transportation. U.C.C. No. 7-102(lXf). In context of U.C.C., includes used goods. Moore v. Burt Chevrolet, Inc., 39 Colo.App. 11, 563 P.2d 369, 370. As used with reference to secured transactions, goods include all things which are movable at the time the security interest attaches or which are fixtures, but does not include money, documents, instruments, accounts, chattel paper, general intangibles, or minerals or the like (including oil and gas) before extraction. "Goods" also includes standing timber which is to be cut and removed under a conveyance or contract for sale, the unborn young of animals, and growing crops. U.C.C. No. 9-105(h).

See also confusion of goods

- future goods

- identification of goods.