Consumption Of Fixed Capital
From Open Risk Manual
Definition
Consumption Of Fixed Capital. The economic charge for the using up of private and government fixed capital located in the United States. In the NIPAs and in the industry accounts, the CFC is defined as the decline in the value of the stock of assets due to wear and tear, obsolescence, accidental damage, and aging. See also “Capital consumption adjustment” and “Capital consumption allowances.”[1]
References
- ↑ Concepts and Methods of the US Input-Output Accounts. K.J.Horowitz, M.A.Planting, 2009
