a good owned by an individual, household or business not government. A family -owned car and a factory building owned by a corporation are examples of private goods.
A good exclusively owned that cannot be simultaneously used by others.
A pure private good is one which, when consumed by an individual is unavailable for others to consume. Economists say such a good, which is completely excludable. Most goods bought in the store (like some baklava, or a tube for one's bicycle) are like this.
A private good is a good or service which cannot be consumed simultaneously by everyone, even if they do pay for it. A private good is excludable in consumption. A private good is nearly an opposite to a public good.