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intermediate goods

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What is an 'Intermediate Good'
BREAKING DOWN 'Intermediate Good'

Consider a farmer who grows, or produces, wheat. In this example, wheat is the intermediate good. The miller breaks down the wheat crop and uses it to make flour, which is a secondary intermediate good. The final good, which is the good sold directly to the consumer, is the bread that the baker makes using the flour. A company may make and use their own intermediate goods. The company may also produce the goods and then sell them, which is a highly common practice between industries.

Companies buy intermediate goods for specific use in creating either a secondary intermediate product or in producing the finished good. There are many intermediate goods that can be used for multiple purposes. Consumer goods are the products purchased by the average consumer. Capital goods are tangible assets that a business uses to produce Nominal gross domestic product measures the value of all finished The crude oil futures contract and top energy funds have reached intermediate resistance levels, raising odds for multi-week pullbacks.

Near Antonyms outer , peripheral ;. Related Words equidistant ; inmost , inner , innermost , nearest ; betwixt and between , borderline , gray also grey , in-between ;. Examples of intermediate in a Sentence she often used her father as an intermediate in arguments with her mother. What you need to remember when navigating choppy markets," 22 May Conger came up short of his seed times of Sam Conger qualifies for state in three events to lift Batavia to second place in sectional," 19 May Earnings rose in all three Dow segments, with packaging and plastics business up 17 percent, performance materials and coatings unit up 31 percent, and the industrial intermediates and infrastructure segment gaining 28 percent.

In countries providing more of an intermediate or limited offer of child care or parental leave, grandparents tended to care for children on a weekly basis, the study found. Very good experience in a pro-style system and touch on short-to- intermediate throws.

Todd McShay's year track record rating quarterbacks," 24 Apr. They were awarded to teachers at Killingly's Central, Memorial, intermediate , and high schools. Beginning classes are held at 8: Mondays and Thursdays, and intermediate and performing classes are at 10 a. First Known Use of intermediate Related Words troubleshooter ; moderator ; bargainer , negotiant , negotiator ; appeaser , pacificator , pacifier , reconciler ; agent , attorney , deputy , factor , procurator , proxy ; liaison , medium ; arbiter , arbitrator , judge , referee , umpire ; adviser also advisor , counselor or counsellor ;.

Examples of intermediate in a Sentence if the secretary-general chooses to intermediate in this dispute, he'll need all of his diplomatic skills just to get both sides in the same room. Recent Examples of intermediate from the Web Play is appropriate for beginner to intermediate players. Supply disruptions during the fearsome hurricane season explain part of the slump: The wholesalers that have intermediated the U.

Problem Just Got Bigger," 26 Oct. C All Ages meets are open to swimmers registered with USA Swimming and are generally intended for beginner to intermediate swimmers. Open to intermediate and advanced level instrumentalists and vocalists, this ensemble program culminates in a showcase concert with exciting arrangements and original compositions. Near Antonyms stand by ; avoid , eschew , shun ; disregard , ignore , overlook ;. Related Words butt in , interfere , intrude , meddle , obtrude , pry , snoop ; arbitrate , moderate , negotiate , referee ; barge in , bother ; break in , chime in , cut in ; infringe , invade , trespass ;.

Definition of intermediate for English Language Learners. Learn More about intermediate See words that rhyme with intermediate Thesaurus: Seen and Heard What made you want to look up intermediate? Need even more definitions? Get Word of the Day daily email! Ask the Editors Ghost Word The story of an imaginary word that managed to sneak past our editors and enter the dictionary. Behind the Scenes How we chose 'feminism' Literally How to use a word that literally drives some people nuts.

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What is an 'Intermediate Good' An intermediate good is a product used to produce a final good or finished product. These goods are sold between industries for resale or the production of other.

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Material or item that is a final-product of a process, but is also used as an input in the production process of some other good. For example, sugar is consumed directly as well as in the manufacture of food products. See also intermediate product.

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Intermediate good. Intermediate goods or producer goods or semi-finished products are goods, such as partly finished goods, used as inputs in the production of other goods including final goods. A firm may make and then use intermediate goods, or make and then sell, or buy then use them. An Intermediate Good is a good or service purchased by a manufacturer to be used as an input in another product. Learn more with our Free Economic Lessons!

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Intermediate good definition - What does Intermediate good mean? 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 . Many goods can be both consumer goods and intermediate goods. You determine whether a good is a consumer good or an intermediate good based upon how it is used.