intermediate expenditure 1
noundomain: natural proc.
EnWordnet [ver.5.0]
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EnglishDefinition
an accounting flow which consists of the total monetary value of goods and services consumed or used up as inputs in production by enterprises, including raw materials, services and various other operating expenses.
Examples
- 1.In the US economy, total intermediate consumption represents about 45% of Gross Output.
Synonyms
- intermediate consumption 1
an accounting flow which consists of the total monetary value of goods and services consumed or used up as inputs in production by enterprises, including raw materials, services and various other operating expenses.
