adjective
- describing a good or resource that can be consumed by one person without reducing its availability to others
Usage: economics
Examples
- Digital music files are nonrival goods because one person’s download doesn’t prevent others from downloading the same file.
- Knowledge is typically considered a nonrival resource in economic theory.
- Public television broadcasts are nonrival since multiple viewers can watch simultaneously without affecting each other’s experience.
- The economist explained that nonrival goods don’t face the same scarcity issues as physical products.
- Software code is often cited as an example of a nonrival asset.
- Unlike rival goods, nonrival resources can be shared without depletion.