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producer goods

noun, Economics
1.
goods, as machinery, raw materials, etc., that are used in the process of creating consumer goods.
Origin
1950-1955
1950-55
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for producer goods
  • Engineering producer goods may be the last refuge of humanistic spirit.
  • The second involved the production and distribution of illegal producer goods and services.
British Dictionary definitions for producer goods

producer goods

plural noun
1.
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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Word Value for producer

13
16
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