commercial item |
Definition 1
Good or service (but not real estate) sold or traded in the normal course of a firm's business; or customarily used by the general public or offered to it for lease, license, or sale. See also standard Item.
Definition 2
Item not yet commercially available (because it is evolving through advances in performance or technology) but will be available in time to satisfy the requirements of a contract.
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commercial item is in the Advertising, Marketing, & Sales, Agreements & Contracts and Purchasing & Procurement subjects.
commercial item appears in the definition of the following term: common item
commercial item appears in these other term: standard commercial items
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