producer goods definition by Webster's New World
Webster's New World College Dictionary Copyright © 2010 by Wiley Publishing, Inc., Cleveland, Ohio. Used by arrangement with John Wiley & Sons, Inc.
goods, such as raw materials and machines, that are used in producing other goods
also producers' goods
producer goods definition by American Heritage Dictionary
plural nounThe American Heritage® Dictionary of the English Language, 4th edition Copyright © 2010 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
Goods, such as raw materials and tools, used to make consumer goods.
producer goods - Business Definition
Intermediate goods such as raw materials and equipment that are used in the production of consumer goods.