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nonconsumption

nonconsumption

7.4
Keeping money or other resources instead of spending them now
  • noun
  • /ˌnɒn.kənˈsʌmp.ʃən/
  • Specialized
translation icon : no consumo
  • The trend of nonconsumption is rising among young people.

Examples

  • Government policies sometimes aim to reduce nonconsumption to boost economic growth.

  • Nonconsumption can lead to significant savings over time.

  • High levels of nonconsumption can indicate that people are saving more money than usual.

  • The economist analyzed the effects of nonconsumption on national investment rates.

  • The practice of nonconsumption can lead to greater savings for future investments and financial security.

  • The community's focus on nonconsumption encouraged residents to save money rather than spend it immediately.

  • During the economic downturn, many families practiced nonconsumption to safeguard their finances.

Antonyms

289 3.9

To use, eat, or drink something

How Consumed

consumption
289 3.9
nonconsumption
  • Specialized
7.4

Surface Forms

Morphology

nonconsumption = consumption (transparent) = non + consumption

A straightforward negative prefix 'non-' applied to the clear noun 'consumption' yields the meaning 'not consumption' or 'refusal/not engaging in consumption'.

Etymology

Nonconsumption comes from the parts non- meaning 'not' and consumption meaning 'using or spending'. So nonconsumption is simply 'not using or spending' money or resources, which is why it refers to saving or holding money back.