imperfect im‧per‧fect [ɪmˈpɜːfɪkt ǁ -ɜːr-] adjective
1. MANUFACTURING imperfect goods, products etc have not been made completely correctly:
• Years ago, manufacturers used shopping malls to unload imperfect goods.
2. ECONOMICS used to describe markets or competition where competing products cannot be compared exactly because they are not exactly the same, not everyone has complete information about them etc. Most real markets are imperfect:
• For advocates of market allocation, government is a major source of imperfect competition.
* * *
imperfect UK US /ɪmˈpɜːfɪkt/ adjective
► PRODUCTION damaged or not made correctly: »
Yolk products are made from the cracked, deformed, or otherwise imperfect eggs that don't make it past quality-control standards.
Financial and business terms. 2012.