capital good
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English
Noun
capital good (plural capital goods)
- (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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