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Definition of Consumption


  1. The act or process of consuming by use, waste, etc.; decay; destruction.
  2. The state or process of being consumed, wasted, or diminished; waste; diminution; loss; decay.
  3. 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 Quotations

Economics is all about consumption. People either spend money now or they use financial instruments - like bonds, stocks and savings accounts - so they can spend more later.
Adam Davidson

Consumption is the sole end and purpose of all production; and the interest of the producer ought to be attended to, only so far as it may be necessary for promoting that of the consumer.
Adam Smith

Really, the proper study of economics is fulfilment, not consumption... It doesn't even matter if it's a green product or a green house... It's still consumption. What matters in this world is the fulfilment of people's needs and the fulfilment of their aspirations.
Paul Hawken

India's growth drivers are actually two growth drivers. One is consumption, which arises out of our demographic advantage. And the other is the investments. Because we need a lot of investment in the country.
Chanda Kochhar

Home computers are being called upon to perform many new functions, including the consumption of homework formerly eaten by the dog.
Doug Larson
More "Consumption" Quotations

Consumption Translations

consumption in Dutch is longtering, tering, tuberculose
consumption in French is consommation
consumption in Italian is consumo
consumption in Latin is phthisis
consumption in Spanish is consumo
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