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Consumer goods
1. capital goods
pl.n.
Goods, such as machinery, used in the production of commodities; producer goods.
The American Heritage? Dictionary of the English Language, Fourth Edition
copyright ?2000 by Houghton Mifflin Company. Updated in 2009. Published by
Houghton Mifflin Company. All rights reserved.
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capital goods
pl n
(Economics) Economics goods that are themselves utilized in the production of
other goods rather than being sold to consumers Also called producer goods
Compare consumer goods
Collins English Dictionary ¨C Complete and Unabridged ? HarperCollins Publishers
1991, 1994, 1998, 2000, 2003
consumer goods
pl.n.
Goods, such as food and clothing, that satisfy human wants through their direct
consumption or use.
The American Heritage? Dictionary of the English Language, Fourth Edition
copyright ?2000 by Houghton Mifflin Company. Updated in 2009. Published by
Houghton Mifflin Company. All rights reserved.
--------------------------------------------------------------------------------
consumer goods
pl n
(Economics) goods that satisfy personal needs rather than those required for the
production of other goods or services Compare capital goods
Collins English Dictionary ¨C Complete and Unabridged ? HarperCollins Publishers
1991, 1994, 1998, 2000, 2003
1. Any tangible assets that an organization uses to produce goods or services
such as office buildings, equipment and machinery. Consumer goods are the end
result of this production process.2. The sector of the economy that includes
capital-goods-producing businesses such as Boeing, Caterpillar and Lockheed
Martin. Aerospace, defense, construction and machinery businesses make up most
of the capital goods sector.Investopedia explains 'Capital Goods'Capital goods
represent a major expense for businesses. However, capital goods that a business
does not use up in a single year of production cannot be entirely deducted as
business expenses in the year they are purchased. Instead, they must be
depreciated over their useful lives, meaning that the business takes a partial
tax deduction for the item for each year that the capital good is in use.