Capital Consumption Allowance

Business, Legal & Accounting Glossary

Definition: Capital Consumption Allowance


Capital Consumption Allowance


Full Definition of Capital Consumption Allowance


The percentage of the GDP which is due to depreciation. GDP minus capital consumption allowance equals net national product. The capital consumption allowance measures the amount of expenditure that a country needs to undertake to simply maintain, as opposed to grow, its productivity.


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January 26, 2022 https://payrollheaven.com/define/capital-consumption-allowance/.
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https://payrollheaven.com/define/capital-consumption-allowance/ (accessed: January 26, 2022).
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Capital Consumption Allowance. PayrollHeaven.com. Retrieved January 26, 2022
, from PayrollHeaven.com website: https://payrollheaven.com/define/capital-consumption-allowance/

Definition Sources


Definitions for Capital Consumption Allowance are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 4 Views.