consumption, ingestion, intake, uptake(noun)
the process of taking food into the body through the mouth (as by eating)
pulmonary tuberculosis, consumption, phthisis, wasting disease, white plague(noun)
involving the lungs with progressive wasting of the body
consumption, economic consumption, usance, use, use of goods and services(noun)
(economics) the utilization of economic goods to satisfy needs or in manufacturing
"the consumption of energy has increased steadily"
consumption, using up, expenditure(noun)
the act of consuming something
The act of consuming something.
The fire's consumption of the forest caused ecological changes.
The amount consumed.
gross national consumption
The wasting-away of the human body through disease.
the act or process of consuming by use, waste, etc.; decay; destruction
the state or process of being consumed, wasted, or diminished; waste; diminution; loss; decay
a progressive wasting away of the body; esp., that form of wasting, attendant upon pulmonary phthisis and associated with cough, spitting of blood, hectic fever, etc.; pulmonary phthisis; -- called also pulmonary consumption
Consumption is a major concept in economics and is also studied by many other social sciences. Economists are particularly interested in the relationship between consumption and income, and therefore in economics the consumption function plays a major role. Different schools of economists define production and consumption differently. According to mainstream economists, only the final purchase of goods and services by individuals constitutes consumption, while other types of expenditure — in particular, fixed investment, intermediate consumption, and government spending — are placed in separate categories. Other economists define consumption much more broadly, as the aggregate of all economic activity that does not entail the design, production and marketing of goods and services.
Chambers 20th Century Dictionary
kon-sum′shun, n. the act of using up or consuming—the converse of production—also Consumpt′; pulmonary consumption, a more or less rapidly advancing process of lung destruction, with progressive emaciation—phthisis, tuberculosis.—adj. Consump′tive, wasting away: inclined to the disease consumption.—adv. Consump′tively.—ns. Consump′tiveness, a tendency to consumption; Consumptiv′ity. [See Consume.]
British National Corpus
Spoken Corpus Frequency
Rank popularity for the word 'consumption' in Spoken Corpus Frequency: #3033
Rank popularity for the word 'consumption' in Nouns Frequency: #1322
The numerical value of consumption in Chaldean Numerology is: 8
The numerical value of consumption in Pythagorean Numerology is: 6
Examples of consumption in a Sentence
It really depends on the economic situation at that time. If you introduce a consumption tax hike when the economy is already weak or heading downwards, you are worsening the economic trend. You may not bring in that much revenue.
I don't have a problem with guilt about money. The way I see it is that my money represents an enormous number of claim checks on society. It's like I have these little pieces of paper that I can turn into consumption. If I wanted to, I could hire 10,000 people to do nothing but paint my picture every day for the rest of my life. And the GNP would go up. But the utility of the product would be zilch, and I would be keeping those 10,000 people from doing AIDS research, or teaching, or nursing. I don't do that though. I don't use very many of those claim checks. There's nothing material I want very much. And I'm going to give virtually all of those claim checks to charity when my wife and I die.
You have to ask what the alternative is - does the consumer want to save his money, invest in shares or in physical objects such as the home? At the moment, given the low interest rate, he's tending to put it into consumption.
Now the economy is not in a healthy condition and it is expected to slow down if the consumption tax rate is increased next year, a big supply in office space could hurt the property market.
A depreciation is not in the interests of China's rebalancing; a too deep currency fall would not be good for consumption.
Popularity rank by frequency of use
Translations for consumption
From our Multilingual Translation Dictionary
- консумиране, изразходване, консумацияBulgarian
- consumCatalan, Valencian
- spotřeba, zničeníCzech
- Konsum, Verzehr, Verbrauch, VerbrauchswertGerman
- φθίση, κατανάλωσηGreek
- kulutus, riutuminen, kuluttaminenFinnish
- consommer, consommation, consumerFrench
- caitheamhScottish Gaelic
- consunzione, consumo, deperimentoItalian
- 消費, 소비Korean
- verbruik, consumptie, wegterenDutch
- потребление, расход, истощениеRussian
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"consumption." Definitions.net. STANDS4 LLC, 2020. Web. 24 Oct. 2020. <https://www.definitions.net/definition/consumption>.