This means that the product has been opened, possibly used but is in perfect working condition with no signs of cosmetic or functional defect. Product may includes warranty, and accessories found with the original product. Product may or may not be in the original packaging. Returned items with minor packaging defects fall under this category.
Like New items function as New. They may have a few minor light marks or scratches. Items may not include a manual, but will include all other standard accessories.