A club good is a type of good that is excludable but non-rivalrous in consumption. This means that the good can be restricted to certain individuals, but one person's consumption does not diminish the availability for others.
Related terms
Public Good: A public good is non-excludable and non-rivalrous in consumption, meaning it is available to everyone and one person's use does not reduce its availability for others.
Excludability: Excludability refers to the ability to restrict or exclude individuals from using a particular good or service.
Non-Rivalry: Non-rivalry means that one person's consumption of a good does not reduce its availability for others.