Definition of human capital noun from the Oxford Advanced Learner's Dictionary


human capital

BrE BrE//ˌhjuːmən ˈkæpɪtl//
; NAmE NAmE//ˌhjuːmən ˈkæpɪtl//
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the skills, knowledge and experience of a person or group of people, seen as something valuable that an organization or country can make use of The education system is central to the development of skills and human capital. to build/develop/invest in human capital. The greatest resource any country has is the creativity of its citizens: what economists call human capital. compare human resources (1)
See the Oxford Advanced American Dictionary entry: human capital