raw material


raw material
Materials a manufacturer converts into a finished product. Bloomberg Financial Dictionary

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raw material raw material material

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raw material UK US noun [C or U]
PRODUCTION, NATURAL RESOURCES a substance in its natural state that will be used to make something else in an industrial process: »

raw material costs/prices

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The increase in operating costs is due to higher energy costs and increases in the price of raw materials such as iron ore.


Financial and business terms. 2012.