Term:
Physical capital
Definition:
The stock of value inherent in the quantity and quality of machinery, manufactured goods and finance.
Domain:
Agriculture
Source:
TEEB, UNEP, 2015. TEEB for Agriculture and Food Interim Report. The Economics of Ecosystem and Biodiversity (http://img.teebweb.org/wp-content/uploads/2016/01/TEEBAgFood_Interim_Report_2015_web.pdf).