Ordinary Goods Law and Legal Definition

Goods means all things that are movable at the time of identification to a contract for sale. They do not include securities. Ordinary goods are things that are not mobile goods, minerals or goods covered by certificate of title.

The following is an example of a case law defining the term:

Ordinary goods are defined as goods other than those covered by a certificate of title, mobile goods, and minerals. [In re Rex Group, Inc., 80 B.R. 774 (Bankr. D. Va. 1987)].