Vinyl
A Very Good Plus record shows some signs that it was played and otherwise handled by a previous owner who took good care of it. Defects are more of a cosmetic nature, not affecting the actual playback as a whole. Record surfaces may show some signs of wear and may have slight scuffs or very light scratches that don’t affect one’s listening experiences. Slight warps that do not affect the sound are “OK.” The label may have some ring wear or discoloration, but it is barely noticeable. Spindle marks may be present. Picture sleeves and inner sleeves have some slight wear, slightly turned-up corners, or a slight seam split. An LP cover may have slight signs of wear, and may be marred by a cut-out hole, indentation, or cut corner. In general, if not for a couple of minor things wrong with it, this would be Near Mint.
CD
A few minor scuffs/scratches. This has been played, but handled with good care – and certainly not abused.
Insert/Inlay/Booklet/Sleeve/Digipak: Slight wear, marks, indentations, it may possibly have a cut-out hole (or similar).
Standard Jewel Cases: These are not graded as they are replaceable.
Cassette
Tape has been taken very good care of and may have light marks or spindle wear. Plays cleanly with minimal noise or degradation. Sleeve has slight wear, marks, indentations, and/or may possibly have a cut-out hole (or similar).
Generic
Within the context of grading items, the term “generic” refers to a type of sleeve that is not specific to the release. A generic sleeve is either a plain sleeve or a company sleeve with standard company artwork. A sleeve that is graded as “generic” needs no further grading, as a generic sleeve generally adds little value to the item and can be easily replaced.