Definition of Capitalist
Capitalist
cap·i·tal·ist
Definition/Meaning
(adjective)
relating to, supporting, or favoring capitalism, the economic system in which goods are generally privately owned and their production, distribution, and pricing is determined by by competition in the market;
e.g. The country is a typical example of a capitalist society where corporations control most of the resources.
(adjective)
owning or having possession/control of capital, the means of production, or a general accumulation of goods or resources;
e.g. There was a proposal to impose higher taxes on capitalist business owners.
(noun)
a person who is wealthy due to having capital invested in trade/business and who thus holds some power in their society;
e.g. The owner of a large company is a capitalist who is likely to know a lot about international trade.
(noun)
a person who favors the principles of capitalism, where goods and the means of their production are privately owned and their distribution and pricing are determined by competition;
e.g. He is a capitalist who believes that competition in the market gives rise to better and more innovative products.
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