Definition for Product
From Biology Forums Dictionary
1) During a chemical reaction, the reactants are converted to products. A product is the result of enzyme action on substrates. These terms are relative because chemical reactions are reversible. Example: if two monomers bind to the enzyme and form a dimer, the monomers are the substrates and the dimer is the product. If instead the dimer binds to the enzyme and splits to form two monomers, the monomers are the products and the dimer is the substrate.
2) In terms of business, a product is a good, service, or idea that is marketed to fill consumer needs and wants.
3) The result of multiplication.
4) In marketing, the term product should be broadly interpreted to encompass information, services, ideas, and issues.
