Captain Of Industry

Business, Legal & Accounting Glossary

Definition: Captain Of Industry



Full Definition of Captain Of Industry


Captain of industry was a term that originated in the U.S. during the Industrial Revolution describing a business leader who, as well as amassing a personal fortune, contributes positively to the country in some way. This may have been through increased productivity, expansion of markets, providing more jobs, or acts of philanthropy. This contrasts with robber baron, a term used to describe a business leader applying unscrupulous practices and bribery of public officials for “sympathetic” interpretation of the law.


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Captain Of Industry. PayrollHeaven.com. Retrieved December 02, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/captain-of-industry/

Definition Sources


Definitions for Captain Of Industry are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 26th April, 2020 | 1 Views.