Capital good

Capital good

A good, such as a machine, that, once in place, becomes part of the capital stock.

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Part of Speech: noun
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Industry/Domain: Economy
Category: International economics
Company: University of Michigan
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Related terms

capital good

Economy; International economics

A good, such as a machine, that, once in place, becomes part of the capital stock.

capital goods

Economy; Economics

A specialized term which refers to real objects owned by individuals, organizations, or governments to be used in the production of other goods or commodities.

capital good

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The equipment, machinery, etc. which is used in the production of other goods or in providing a service, such as transportation, electricity, etc.

capital goods

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

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Heavy equipment (such as excavators, forklifts, generators, metal-forming or metal-working machines, vehicles) which (in contrast to consumer goods) require a relatively large ...

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