OTHER WORDS FOR consumption 1 depletion, exploitation, utilization. the using up of goods and services having an exchangeable value.
the amount consumed: the high consumption of gasoline. 2022 Since it’s inevitable that some board members will consume more time during board meetings than others, the board chair needs to be the voice of reason. noun the act of consuming, as by use, decay, or destruction. consumption the act of consuming or the state of being consumed, esp by eating, burning, etc expenditure on goods and services for final personal use the. Consumption expenditure is the largest component of AGGREGATE DEMAND and spending in the CIRCULAR FLOW OF NATIONAL INCOME. Consumption is a function related to income and wealth. the proportion of NATIONAL INCOME or DISPOSABLE INCOME spent by HOUSEHOLDS on final goods and services. It helps predict future expenditures, usually due to a thorough study of the previous spending. It allows an overview of the business expenditures in the whole financial year. Its functional relationship to consumption varies as income varies. 2022 All lighting fixtures will be LEDs, or light-emitting diodes, which consume far less electricity than traditional incandescent lights. Consumption is a direct function of income. 2022 Designed to be net-zero energy, the site will produce and consume all its own power, says Novotny. 2022 Along with the carpet, drywall, insulation, cabinetry, and any other material that can consume water need to be dealt with. John King, San Francisco Chronicle, 5 Oct. Consumption is normally the largest GDP component. Individual buying acts are aggregated over time and space. 2022 Align also wants separate curb cuts for a subterranean parking garage and a loading dock, which would consume nearly one-third of the ground floor along the sidewalk. noun public enjoyment of possessions that are known to be costly so that ones ability to pay for such things is flaunted. Conspicuous consumption is a means to show one's social status, especially when publicly displayed goods and services are too expensive for other members of a person's class. Consumption is the value of goods and services bought by people. Ryan Randazzo, The Arizona Republic, 8 Oct. 2022 Solar plants use only 1 to 2% of the water that fossil fuel plants consume. Information and translations of final consumption expenditure in the most comprehensive dictionary definitions resource on the web. Meaning of final consumption expenditure. 2022 Most Americans would effectively be working for Chinese companies or their subsidiaries in one way or another, answer to Chinese regulators, and read and consume information curated in Beijing. Definition of final consumption expenditure in the dictionary.
Recent Examples on the Web Later, Rosenthal veers with his son, Ben, to famed Prince’s Hot Chicken, where the twosome consume increasingly spicy fowl until the last extra-hot version requires them to wear rubber gloves.
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