/ Dictionary / Index C consumer goods: Meaning and Definition of Find definitions for: consum'er goods" Pronunciation: [key] — Econ. Econ. 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 Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease. consumer credit consumerism Related Content Daily Word Quiz: frugal Analogy of the Day: Today’s Analogy Spelling Bee: Today’s Spelling Bee Frequently Misspelled Words Frequently Mispronounced Words Easily Confused Words Writing & Language