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capital good

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English

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Noun

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capital good (plural capital goods)

  1. (economics, chiefly in the plural) A durable item that is used in the production of other goods or services.
    Synonym: producers' good
    Coordinate term: consumer good
    • 2004, Fabrio Petri, General Equilibrium, Capital And Macroeconomics: A Key To Recent Controversies In Equilibrium Theory, page 84:
      Some of the products of the economy are capital goods. For simplicity and as an aid to intuition, I assume that capital goods and consumption goods do not overlap: the m consumption goods are useless as means of production, and the n capital goods yield no direct utility.

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