HomeDefinitionsCompareDebt Cost of goods soldThe financial definition for Cost of goods sold:The total cost of buying raw materials, and paying for all the factors that go into producing finished goods. Similar MatchesBalance on goods and servicesBalance on goods and servicesNetting of transaction balances, including the net amount of payments of interest and dividends to foreign investors and investments, as well as receipts and payments resulting from international tourism. Capital goodsCapital goodsGoods used by firms to produce other goods, e.g., office buildings, machinery, equipment. Consumer goodsConsumer goodsGoods not used in production but, bought for personal or household use such as food, clothing, and entertainment. Click to compare definitions of Cost of goods sold Click to view definitions beginning co |