Definition, Meaning & Synonyms

nonrival

Adjective

/nɒnˈraɪvəl/

Definition

Referring to a type of good or resource that can be used or consumed without reducing availability for others.

Examples

The internet is often considered a nonrival resource because many users can access information at the same time.
Public parks provide nonrival benefits, allowing everyone to enjoy nature without taking away from others’ experiences.
Knowledge can be viewed as a nonrival good since sharing it does not limit others’ access to it.

Meaning

Nonrival goods are those that can be enjoyed or utilized by multiple individuals simultaneously without depleting the resource or diminishing the experience for others.