capital goods
Definition
Raw materials used to produce finished products.
Use capital goods in a sentence
“ You need to make sure that you get the best price you can any time you will be purchasing any capital goods. ”
“ The capital goods were recently received so our inventory control department had not even been able to update our records. ”
“ My company produces iron ore that steel companies will purchase as capital goods to produce the steel they sell to their customers and clients. ”
