Meaning of “capital consumption” in the English Dictionary

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"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 produce goods and provide services:

In this chart capital consumption is expressed in thousands of US dollars per person per year.

(Definition of “capital consumption” from the Cambridge Business English Dictionary © Cambridge University Press)