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Glossary of the 1993 SNA - Definition of Term

TermConsumption
DefinitionConsumption is an activity in which institutional units use up goods or services; consumption can be either intermediate or final.
Paragraphs1.49.
 
It is acknowledged that this glossary uses descriptions of the OECD glossary of statistical terms, the Glossary of the System of National Accounts 1993 and the UN classifications registry.
 
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