A used good is one that is not new or a resource that has been partially or completely depleted. When a person gives an item of some value that they have used to someone else, typically an acquaintance or family member, it is sometimes referred to as a "hand-me-down".

Used items can often be found for sale in thrift stores and pawnshops, as well as Internet auction sites. Some stores will take used items in exchange for credit toward the purchase of newer goods. The strategy of buying used items is sometimes employed to save money, as they are typically worth less than the equivalent new items. Purchasing used items for reuse may also prevent them from becoming waste.

It is believed that the phrase hand-me-down may have originated in London's East End markets in the 18th century. Vendors would typically keep their new, more expensive clothing at street level, while keeping their older, used clothing on racks that were elevated out of reach. To purchase the later, buyers would have to ask the stall owner to "hand me down" a particular piece of clothing.

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Forbes.com: Logistics News

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The iron ore miner voted against its largest shareholder, Harbinger, raising its stake.
Timken Tantalizes Investors
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The maker of bearings and alloys raised its third-quarter guidance, but is maintaining its fourth-quarter outlook.

BBC News | Business | World Edition

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Wed, 15 Oct 2008 07:33:17 -0000
After dramatic rises earlier in the week, most European and Asian stock markets give up some ground.
Bank crisis to dominate EU talks
Wed, 15 Oct 2008 08:55:52 -0000
EU leaders are to discuss multi-billion-euro rescue plans for Europe's ailing banks at a two-day summit in Brussels.
New York 'faces 165,000 job cuts'
Wed, 15 Oct 2008 08:48:49 -0000
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NYT > World Business

Bleak Numbers Stoke Fears of Recession in Europe
Wed, 15 Oct 2008 05:12:57 -0000
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Europe and Asia Fail to Sustain Rallies
Wed, 15 Oct 2008 08:52:07 -0000
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Despite Big Rally, Grim Outlook on Profits and Jobs
Wed, 15 Oct 2008 07:32:15 -0000
A day after the stock market staged one of its biggest rallies in history, investors retreated once again.

washingtonpost.com -

Unions, workers uneasy at possible GM, Chrysler deal
Reuters Tue, 14 Oct 2008 21:22:55 -0400
DETROIT (Reuters) - Labor unions in the United States and Canada on Tuesday expressed concern about the prospect of job losses from any merger between General Motors Corp (GM.N) and Chrysler LLC, adding that union leaders had not been consulted by the automakers.
Obama says he would act fast on $25 billion auto loans
Reuters Tue, 14 Oct 2008 20:14:50 -0400
OREGON, Ohio/WASHINGTON (Reuters) - Democrat Barack Obama said on Tuesday that as president he would demand that up to $25 billion in government loans targeted for distressed U.S. automakers be distributed quickly.
Boeing strike likely to run into November at least
AP Tue, 14 Oct 2008 18:49:33 -0400
SEATTLE -- With the collapse of revived contract talks after barely two days, a strike that shut down Boeing Co.'s commercial aircraft plants Sept. 6 appears likely to continue well into November and possibly longer.
Nikkei surges over 14 percent in record 1-day gain
Reuters Tue, 14 Oct 2008 03:06:38 -0400
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Boeing, striking machinists' talks break down
AP Tue, 14 Oct 2008 00:41:20 -0400
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Companies Hobbled by Uncertainty
Steven Mufson Tue, 14 Oct 2008 00:00:00 -0400
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