capital goods

Related Terms
Heavy equipment (such as excavators, forklifts, generators, metal-forming or metal-working machines, vehicles) which (in contrast to consumer goods) require a relatively large investment, and are bought to be used over several years. Also called producer goods.

Use 'capital goods' in a Sentence

When a company is starting up, they will want to make important upfront purchases, such as capital goods, to help them run smoothly.
18 people found this helpful
If you will be working on many projects that have the need for expensive capital goods you should probably buy them yourself,.
15 people found this helpful
If you know you will work on a project for only a short time you should just rent your capital goods instead of purchasing them.
14 people found this helpful

Email Print Embed

Mentioned in These Terms