Human capital
noun
noun ·Rare ·Advanced level
Definitions
Noun
- 1 The stock of competencies, knowledge, habits, social and personality attributes, including creativity, cognitive abilities, embodied in the ability to perform labor so as to produce economic value. uncountable
"The authors found that human capital, including learning skills, accounted for “61.2, 62.4, and 66.0 percent of the variation in lifetime earnings, lifetime wealth, and lifetime utility” — a measure of life satisfaction."
Synonyms
All synonymsExample
More examples"The authors found that human capital, including learning skills, accounted for “61.2, 62.4, and 66.0 percent of the variation in lifetime earnings, lifetime wealth, and lifetime utility” — a measure of life satisfaction."