producer goods
plural nounEconomics.
goods, as machinery, raw materials, etc., that are used in the process of creating consumer goods.
Origin of producer goods
1First recorded in 1950–55
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024
British Dictionary definitions for producer goods
producer 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
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