Words / F / Business

factor endowment

noun/ˈfæktər ɪnˈdaʊmənt/

C2CEFR level
88/100Rarity: very rare
TechnicalRegister

The stock of land, labour, and capital a country possesses for production.

Nations tend to export goods that use their abundant factor endowment intensively.

Topic: Economics in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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