producer goods Hear it!

producer goods definition

producer goods

goods, such as raw materials and machines, that are used in producing other goods
also producers' goods

Webster's New World College Dictionary Copyright © 2009 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.