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producer goods

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plural noun Economics.
  1. goods, as machinery, raw materials, etc., that are used in the process of creating consumer goods.
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Origin of producer goods

First recorded in 1950–55
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

British Dictionary definitions for producer goods

producer goods

producer's goods

pl n
  1. other terms for capital goods
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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