intermediate goods

intermediate goods
Producer's goods Pro*duc"er's goods (Polit. Econ.) Goods that satisfy wants only indirectly as factors in the production of other goods, such as tools and raw material; -- called also {instrumental goods}, {auxiliary goods}, {intermediate goods}, or {goods of the second and higher orders}, and disting. from {consumers' goods}. [Webster 1913 Suppl.]

The Collaborative International Dictionary of English. 2000.

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  • intermediate goods — ➔ goods * * * intermediate goods UK US noun [plural] ► PRODUCTION products that are made during a manufacturing process but that are also used in the production of other goods. Wood, steel, and sugar are all examples of intermediate goods: »A… …   Financial and business terms

  • intermediate goods — /ɪntə mi:diət gυdz/ plural noun goods bought for use in the production of other goods …   Marketing dictionary in english

  • intermediate goods — noun plural : producer goods …   Useful english dictionary

  • Intermediate consumption — is an economic concept used in national accounts, such as the United Nations System of National Accounts (UNSNA) and the US National Income and Product Accounts (NIPA). Conceptually, the aggregate intermediate consumption is equal to the amount… …   Wikipedia

  • Intermediate good — Intermediate goods or producer goods are goods used as inputs in the production of other goods, such as partly finished goods or raw materials. A firm may make then use intermediate goods, or make then sell, or buy then use them. In the… …   Wikipedia

  • Intermediate — means quot;occurring between two extremes, or in the middle of a range quot; and may refer to:* Reactive intermediate, a short lived, unstable molecule in a chemical reaction * Intermediate goods, goods used to produce other goods * Middle school …   Wikipedia

  • goods — [goodz] pl.n. 1. movable personal property 2. merchandise; wares 3. fabric; cloth 4. Brit. freight: usually used attributively ☆ deliver the goods Informal to do or produce …   Universalium

  • goods — A category of personal property defined by Article 9 of the UCC. Sometimes called tangible goods. Further divided into consumer goods, equipment, farm products, and inventory. American Banker Glossary * * * goods goods [gʊdz] noun [plura …   Financial and business terms

  • goods of the second and higher orders — Producer s goods Pro*duc er s goods (Polit. Econ.) Goods that satisfy wants only indirectly as factors in the production of other goods, such as tools and raw material; called also {instrumental goods}, {auxiliary goods}, {intermediate goods}, or …   The Collaborative International Dictionary of English

  • intermediate term — Also known as innominate term. A contract term which is not classified as a condition or a warranty, the breach of which may or may not entitle the buyer to terminate the contract (and reject the goods), depending on the seriousness of the nature …   Law dictionary

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