capital goods

plural noun

Economics.

1. machines and tools used in the production of other goods (consumer goods ).

capital goods

plural noun

1. Also called: producer goods. economics goods that are themselves utilized in the production of other goods rather than being sold to consumers Compare consumer goods

capital goods

1. Goods used in the production of commodities; producers' goods. (Compare consumer goods.)

Word History and Origins

Origin of capital goods¹

First recorded in 1895–1900