physical capital

American  

[fiz-i-kuhl kap-i-tl] / ˈfɪz ɪ kəl ˈkæp ɪ tl /

noun

1. tools, machinery, computers, and other equipment that are needed for the production of goods and services.

   money spent by business firms on physical capital.

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Etymology

Origin of physical capital

First recorded in 1835–45, for an earlier sense

Example Sentences

But along with the focus on "physical capital", Mr Modi needs to pay heed to creating "human capital", says Dr Raghuram Rajan, the former governor of India's central bank.

From BBC • Apr. 30, 2024

Staying at the cutting edge is expensive: Between 1965 and 1980, federal expenditures on scientific research, physical capital and education regularly amounted to about 2.5 percent of G.D.P., more than $500 billion today.

From New York Times • Mar. 11, 2021

Because the United States’ unrivaled resources of human and physical capital have only been idled, not obliterated, the recovery might begin with a bang, propelled by a burst of pent-up animal spirits.

From Washington Post • Apr. 9, 2020

The goal would be to ensure we emerged out of the trough with human and physical capital and institutions in good shape.

From The Guardian • Mar. 20, 2020

To render Paris the physical capital of Europe is, through his own confession, "one of his constant dreams."

From The Modern Regime, Volume 1 by Durand, John