Dictionary of Business Terms: industrial goods
industrial goods
products or services purchased for use in the production of other goods or services, in the operation of a business, or for resale to other consumers. Industrial products include heavy machinery, raw materials, typewriters, tools, and cash registers.
Dictionary of Marketing Terms: industrial goods
industrial goods
raw materials, equipment, or product components required by a business for the production or distribution of other goods or services. Industrial goods range from mineral, agricultural, and forestry products to complex electronic equipment.
