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2017 Word of the Year

producer goods

plural noun, Economics.
1.
goods, as machinery, raw materials, etc., that are used in the process of creating consumer goods.
Origin of producer goods
1950-1955
First recorded in 1950-55
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2017.
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Examples from the Web for producer goods
Historical Examples
  • The further technical progress advances, the more do consumer goods recede as compared with producer goods.

  • Yet the upshot of all this is not accumulation of capital but an increasing production of producer goods to no purpose whatever.

British Dictionary definitions for producer goods

producer goods

plural noun
1.
other terms for capital goods
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Nearby words for producer goods

Word Value for producer

13
16
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