capital goods

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Related to Capital good: Consumer good

Capital goods

Goods used by firms to produce other goods, e.g., office buildings, machinery, equipment.

Capital Goods

Goods that are used to create other goods that can be sold to customers. Examples include fixed assets like factories and current assets like raw material to make a product. Capital goods are an important concept in Marxist economics where it refers to any means of production. See also: Consumer Goods.

capital goods

the long-lasting durable goods, such as machine tools and furnaces, that are used as FACTOR INPUTS in the production of other products, as opposed to being sold directly to consumers. See CAPITAL, CONSUMER GOODS, PRODUCER GOODS.
References in periodicals archive ?
Foreign trade of capital goods is concentrated in seven countries, i.
In a modern economy, the resources or producer goods available for allocation consist of land, labor, and a bewildering variety of capital goods produced and carried over from the past.
Can a capital good realistically have an underlying investment worth that is common to all entrepreneurial enterprises competing in an auction?
If the owners of the circulating capital good are identified with households, so that money is excluded and loans are made in kind.
A fall in capital goods output reflects falling investment levels.
Imports of capital goods have been expanding at double-digit rates since March 2015, which bodes well for overall investments growth in 2015.
The DJSI has named CNH Industrial as leader in the capital goods industry group, which includes 246 companies in seven industries.
The research findings, applying the wall-Wolfowitz Runs Test, based on available evidence supports the claim that the allocation of foreign exchange, in the midst of deep recessionary trends between consumer goods and capital goods was indiscriminate.
6 %, while durable consumer goods and capital goods remained almost stable.
Capital goods are needed for expanding economic activities and consumption patterns in importing countries.
manufactured goods unexpectedly fell in December as did a gauge of planned business spending on capital goods, which could cast a shadow on an otherwise bright economic outlook.
His theory combines a Wicksellian theoretical base with the process of increasing and decreasing the production of capital goods relative to consumer goods.