human capital


Definition of human capital

: the skills, knowledge, and qualifications of a person, group, or workforce considered as economic assets Nothing is more important to a company, nation, or individual than intelligence. It is the fundamental key to problem-solving and wealth creation, and underpins the human capital that drives every company and nation forward.— Peter H. Diamandis In fact, the evidence suggests that public investments in human capital, including higher education, yield long-term economic rates of return that far exceed most standard investments in technology or capital.— Edward L. Glaeser All of this coincided with the emergence in academe of the idea of "human capital": the notion that the more skilled the work force, the more productive it tends to be.— Denis P. Doyle et al.

First Known Use of human capital

1799, in the meaning defined above

Keep scrolling for more

Learn More About human capital

Time Traveler for human capital

Time Traveler

The first known use of human capital was in 1799

See more words from the same year

Statistics for human capital

Cite this Entry

“Human capital.” Dictionary, Merriam-Webster, Accessed 25 Jul. 2021.

Style: MLA
MLACheck Mark Icon ChicagoCheck Mark Icon APACheck Mark Icon Merriam-WebsterCheck Mark Icon


Test Your Vocabulary

Dog Words Quiz

  • shiba puppy more or less demanding cuddles
  • Which of the following animals has a dog in its etymology?
Name That Thing

Test your visual vocabulary with our 10-question challenge!

 AlphaBear 2

Spell words. Make bears.

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!