PRODUCT

product. Something that is distributed commercially for use or consumption and that is usu. (1) tangible personal property, (2) the result of fabrication or processing, and (3) an item that has passed through a chain of commercial distribution before ultimate use or consumption. See MANUFACTURE; PRODUCTS LIABILITY. [Cases: Products Liability 1, 8. C.J.S. Products Liability…

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PRODUCER PRICE INDEX

producer price index. An index of wholesale price changes, issued monthly by the U.S. Bureau of Labor Statistics. — Formerly also termed wholesale price index. Cf. CONSUMER PRICE INDEX. [Blacks Law 8th]

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PRODUCENT

producent (pr<<schwa>>-d[y]oo-s<<schwa>>nt), n. Hist. Eccles. law. The party calling a witness. [Blacks Law 8th]

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