producer goods

noun Economics.
goods, as machinery, raw materials, etc., that are used in the process of creating consumer goods.

Origin:
1950–55

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
Cite This Source Link To producer goods
Collins
World English Dictionary
producer goods or producer's goods
 
pl n
other terms for capital goods
 
producer's goods or producer's goods
 
pl n

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
Cite This Source
Example sentences
Engineering producer goods may be the last refuge of humanistic spirit.
The second involved the production and distribution of illegal producer goods and services.
Copyright © 2014 Dictionary.com, LLC. All rights reserved.
  • Please Login or Sign Up to use the Recent Searches feature