Akademik

capital goods

Goods used by firms to produce other goods, e.g., office buildings, machinery, equipment. Bloomberg Financial Dictionary

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capital goods capital goods ➔ goods

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capital goods UK US noun [plural] (also industrial goods, also producer goods)

► PRODUCTION the buildings, machines, and equipment that are used to produce products or provide services: »capital goods industry/market/sector

→ Compare CONSUMER GOODS(Cf. ↑consumer goods)

Financial and business terms. 2012.