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Meaning of “capital consumption” in the English Dictionary

"capital consumption" in Business English

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capital consumptionnoun [U]

uk   us  
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 ​producegoods and ​provideservices: In this ​chartcapitalconsumption is ​expressed in thousands of US ​dollarsperpersonperyear.
(Definition of capital consumption from the Cambridge Business English Dictionary © Cambridge University Press)
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