What does capital goods mean?

capital goods meaning in Law Dictionary

capital good, or simply capital in economics, is saved-up wealth or a manufactured means of production.

capital goods meaning in Business Dictionary

Heavy equipment (including excavators, forklifts, generators, metal-forming or metal-working devices, cars) which (in contrast to consumer items) need a relatively huge investment, consequently they are bought to be used over many years. Also known as producer items.