👉 The term "fargood" is used in the context of accounting and finance to refer to a specific financial asset or liability. It typically refers to an asset that has been purchased for its value, but which is not expected to be sold at a profit within a given period. This type of financial asset can include stocks, bonds, real estate, or other assets that have historically performed well in the market. The term "fargood" is often used in accounting terms to describe an asset