capital goods |
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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.
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capital goods is in the Accounting & Auditing, Banking, Commerce & Finance and Economics, Politics, & Society subjects.
capital goods appears in the definitions of the following terms: producer goods, globalization, time productivity, planned investment, input tax, acceleration principle, tax incentive and Kondratieff cycle
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