capital goods

Definition

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.


Nearby Terms

Search volume for capital goods

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z