Homonym: Generic (Common)
"Generic" refers to products or items that are not branded and often serve as alternatives to name-brand goods. These products typically have similar ingredients or features but are sold at a lower price. For example, generic medications contain the same active ingredients as their brand-name counterparts but are marketed without the brand label.
In a broader context, "generic" can describe concepts or ideas that are general and not specific. For instance, a generic term might refer to a word that encompasses a wide range of items, like "fruit," which includes apples, oranges, and bananas. This usage highlights the common characteristics shared among various items.