capital consumption

capital consumption — ➔ consumption * * * capital consumption UK US noun [U] ► ECONOMICS the loss to a country s economy over a period of time because of the decrease in the value of its land, buildings, equipment, etc. that are used to produce goods and provide… …   Financial and business terms

capital consumption — The total depreciation in the value of the capital goods in an economy during a specified period. It is difficult to calculate this figure, but it is needed as it has to be deducted from the gross national product (GNP) and the gross domestic… …   Big dictionary of business and management

Capital Consumption Allowance (CCA) — The Capital Consumption Allowance (CCA) is the percentage of the Gross Domestic Product (GDP) which is due to depreciation. The Capital Consumption Allowance measures the amount of expenditure that a country needs to undertake in order to… …   Wikipedia

Capital Consumption Allowance - CCA — The amount of money a country has to spend each year to maintain its present level of economic production. The capital consumption allowance (CCA) is calculated as a percentage of gross domestic product (GDP). The percentage of GDP that is not… …   Investment dictionary

consumption — con‧sump‧tion [kənˈsʌmpʆn] noun [uncountable] 1. COMMERCE ECONOMICS the amount of goods, services, energy, or natural materials used in a particular period of time: • Texas is second only to California in beer consumption. • Cuban households… …   Financial and business terms

Capital formation — Gross capital formation in % of gross domestic product in world economy Capital formation is a concept used in macroeconomics, national accounts and financial economics. Occasionally it is also used in corporate accounts. It can be defined… …   Wikipedia

Capital, Volume I — is the first of three volumes in Karl Marx s monumental work, Das Kapital, and the only volume to be published during his lifetime. Originally published in 1867, Marx s aim in Capital, Volume I is to uncover and explain the laws specific to the… …   Wikipedia

Consumption of fixed capital — (CFC) is a term used in business accounts, tax assessments and national accounts for depreciation of fixed assets. CFC is used in preference to depreciation to emphasize that fixed capital is used up in the process of generating new output, and… …   Wikipedia

Consumption smoothing — is the economic concept used to express the desire of people for having a stable path of consumption. Since Milton Friedman s permanent income theory (1956) and Modigliani and Brumberg (1954) life cycle model, the idea that agents prefer a stable …   Wikipedia

capital accumulation — ˌcapital accumuˈlation noun [uncountable] ECONOMICS the process of saving money rather than spending it: • There should be a move from taxes on capital accumulation to taxes on consumption. * * * capital accumulation UK US noun [U] (also capital… …   Financial and business terms

capital and interest — ▪ economics Introduction       in economics, a stock of resources that may be employed in the production of goods and services and the price paid for the use of credit or money, respectively.       Capital in economics is a word of many meanings …   Universalium