consumer goods


plural noun Economics.

goods that are ready for consumption in satisfaction of human wants, as clothing or food, and are not utilized in any further production (contrasted with capital goods).
Also called consumption goods.

Origin of consumer goods

First recorded in 1885–90

British Dictionary definitions for consumer goods

consumer goods

pl n

goods that satisfy personal needs rather than those required for the production of other goods or services Compare capital goods

Cultural definitions for consumer goods

consumer goods

Goods, such as food and clothing, that satisfy human wants through their consumption or use. (Compare capital goods.)