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Consumption (economics)

Consumption refers to the use of resources to fulfill present needs and desires. It is seen in contrast to investing, which is spending for acquisition of future income. Consumption is a major concept in economics and is also studied in many other social sciences.

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DEFINITIONS
  • nounPresent participle of spend, expenditure.
  • nounAn amount that has been, or is planned to be spent.
TV Shows
  • Britain's Spending Secrets
    TV presenter and journalist Anne Robinson sets off on a road trip to get up close and personal wi...
  • Still Standing
    Follow comedian Jonny Harris as he visits struggling small towns, gets to know the locals, and mi...
  • Spinning Out
    Spinning Out is an edgy drama series about Kat Baker, an up-and-coming, high-level single ...
Media & Art
Having finally found the solution to spend the summer of 1857 in a pleasant way, plate 429 from Actualités
Incredible Speed
The Start of the Spending Spree and the Door Opening for a Blonde from "A rake' progress"
Synonyms
outlaydisbursementdisbursal