producer goods

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plural noun Economics.

goods, as machinery, raw materials, etc., that are used in the process of creating consumer goods.

Origin of producer goods

First recorded in 1950–55

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

Related Words for producer goods

assets, capital, capitalization, pluses

British Dictionary definitions for producer goods

producer goods

producer's goods

pl n

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