Raw Materials

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Definition: Raw Materials

Raw Materials
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Full Definition of Raw Materials

Unfinished goods consumed by a manufacturer in providing finished goods. Classified as inventory in the current assets section of a company’s balance sheet.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/raw-materials/
Modern Language Association (MLA):
Raw Materials. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
February 04, 2025 https://payrollheaven.com/define/raw-materials/.
Chicago Manual of Style (CMS):
Raw Materials. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/raw-materials/ (accessed: February 04, 2025).
American Psychological Association (APA):
Raw Materials. PayrollHeaven.com. Retrieved February 04, 2025
, from PayrollHeaven.com website: https://payrollheaven.com/define/raw-materials/

Definition Sources

Definitions for Raw Materials 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: 19th November, 2021 | 0 Views.